Goldman Sachs Maintains Buy on Gossamer Bio, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Paul Choi has maintained a Buy rating on Gossamer Bio (NASDAQ:GOSS) but has lowered the price target from $9 to $8.

March 06, 2024 | 4:36 pm
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NEUTRAL IMPACT
Goldman Sachs maintains a Buy rating on Gossamer Bio but lowers the price target from $9 to $8.
While the reduction in the price target from $9 to $8 by Goldman Sachs could suggest a tempered outlook on Gossamer Bio's short-term price potential, the maintenance of a Buy rating indicates continued confidence in the company's fundamentals and long-term prospects. This mixed signal could lead to neutral short-term price movement as investors weigh the lowered price target against the sustained positive rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100