Goldman Sachs Maintains Sell on Grupo Aeroportuario, Raises Price Target to $274
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Bruno Amorim has maintained a Sell rating on Grupo Aeroportuario (NYSE:ASR) but increased the price target from $227 to $274.
December 18, 2023 | 1:54 pm
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Goldman Sachs reaffirms Sell rating on Grupo Aeroportuario but raises price target from $227 to $274.
The maintenance of a Sell rating suggests that Goldman Sachs analysts believe that Grupo Aeroportuario's stock may not perform well in the near term. However, the increase in the price target could indicate a less bearish view than before or some positive changes in the company's fundamentals or market conditions. This mixed signal might lead to short-term uncertainty in the stock's performance.
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