Goldman Sachs Maintains Sell on Chegg, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan maintains a Sell rating on Chegg (CHGG) and lowers the price target from $8 to $7.
February 06, 2024 | 2:30 pm
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Goldman Sachs maintains a Sell rating on Chegg and reduces the price target from $8 to $7.
The reduction in price target by a major financial institution like Goldman Sachs can negatively impact investor sentiment towards Chegg, likely leading to a short-term decrease in its stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100