Goldman Sachs Maintains Sell on loanDepot, Lowers Price Target to $2.5
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Ryan Nash has maintained a Sell rating on loanDepot (NYSE:LDI) and reduced the price target from $3 to $2.5.
March 13, 2024 | 1:57 pm
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Goldman Sachs has maintained a Sell rating on loanDepot and lowered the price target from $3 to $2.5.
The reduction in price target by a major financial institution like Goldman Sachs typically indicates a bearish outlook on the stock, suggesting potential downward pressure on loanDepot's stock price in the short term.
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IMPORTANCE 90
RELEVANCE 100