Goldman Sachs Initiates Coverage On NCR Atleos with Neutral Rating, Announces Price Target of $23
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst George Tong has initiated coverage on NCR Atleos (NYSE:NATL) with a Neutral rating and set a price target of $23.
March 18, 2024 | 8:44 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Goldman Sachs initiated coverage on NCR Atleos with a Neutral rating and a price target of $23.
The initiation of coverage by a major financial institution like Goldman Sachs generally brings increased attention to a stock. However, the Neutral rating suggests that Goldman Sachs views NCR Atleos as fairly valued at its current price, implying limited upside or downside potential in the short term. The price target of $23 provides a benchmark for investors but does not suggest significant movement expected in the near future.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90