Wells Fargo Maintains Equal-Weight on Goldman Sachs BDC, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Timothy O'Shea has maintained an Equal-Weight rating on Goldman Sachs BDC (GSBD) and increased the price target from $14.5 to $15.
January 29, 2024 | 2:54 pm
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Wells Fargo analyst Timothy O'Shea reaffirmed an Equal-Weight rating on GSBD and raised the price target to $15, indicating a positive outlook on the stock.
The increase in price target by Wells Fargo suggests a positive sentiment towards GSBD's stock value in the short term. As price targets can influence investor expectations and market sentiment, this adjustment is likely to be viewed favorably by the market, potentially leading to a short-term increase in GSBD's stock price.
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