Goldman Sachs Maintains Buy on ReNew Energy Glb, Raises Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Vinit Joshi has reaffirmed a Buy rating on ReNew Energy Global (RNW) and increased the price target from $7 to $8.
December 21, 2023 | 2:26 pm
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Goldman Sachs maintains a Buy rating on ReNew Energy Global and raises the price target from $7 to $8.
The increase in price target by a reputable investment bank like Goldman Sachs typically signals a positive outlook on the stock, suggesting potential upside. This can lead to increased investor confidence and a possible short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100