Goldman Sachs Maintains Buy on Blend Labs, Raises Price Target to $3.1
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Michael Ng has maintained a Buy rating on Blend Labs (NYSE:BLND) and increased the price target from $1.6 to $3.1.
March 15, 2024 | 2:34 pm
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Goldman Sachs maintains a Buy rating on Blend Labs and raises the price target from $1.6 to $3.1.
The increase in price target by a reputable analyst firm like Goldman Sachs typically signals a strong bullish outlook on the stock, suggesting potential upside. This could lead to increased investor confidence and a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100