Goldman Sachs Maintains Neutral on Revance Therapeutics, Raises Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Chris Shibutani has maintained a Neutral rating on Revance Therapeutics (NASDAQ:RVNC) and raised the price target from $8 to $9.

March 01, 2024 | 11:04 am
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Goldman Sachs maintains a Neutral rating on Revance Therapeutics but raises the price target from $8 to $9.
The increase in price target by Goldman Sachs, a major financial institution, suggests a positive adjustment in the valuation of Revance Therapeutics. While the Neutral rating indicates a cautious stance, the raised target implies an expectation of some upside potential. This could lead to a short-term positive sentiment among investors, potentially driving the stock price up.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100