Oppenheimer Maintains Outperform on Goldman Sachs Gr, Lowers Price Target to $446
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Chris Kotowski maintains an Outperform rating on Goldman Sachs (GS) but lowers the price target from $506 to $446.

March 19, 2024 | 1:04 pm
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Oppenheimer maintains an Outperform rating on Goldman Sachs but lowers the price target from $506 to $446.
While the maintenance of an Outperform rating indicates continued confidence in Goldman Sachs' performance, the reduction in the price target could suggest a reassessment of near-term growth prospects or market conditions. This mixed signal might lead to short-term uncertainty among investors, potentially stabilizing the stock price as the market digests the new target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100