Goldman Sachs Maintains Sell on BankUnited, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Ryan Nash has maintained a Sell rating on BankUnited (NYSE:BKU) and lowered the price target from $34 to $30.
March 08, 2024 | 4:00 pm
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NEGATIVE IMPACT
Goldman Sachs maintains a Sell rating on BankUnited and reduces the price target from $34 to $30.
The reduction in price target by a prominent analyst like Goldman Sachs can lead to negative sentiment among investors, potentially causing a short-term decline in BankUnited's stock price. The Sell rating reaffirms the negative outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100