Goldman Sachs Initiates Coverage On First Citizens BancShares with Buy Rating, Announces Price Target of $1950
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Ryan Nash initiates coverage on First Citizens BancShares (NASDAQ:FCNCA) with a Buy rating and a price target of $1950.

March 21, 2024 | 10:02 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Goldman Sachs initiated coverage on First Citizens BancShares with a Buy rating and set a price target of $1950.
The initiation of coverage by a prominent analyst like Ryan Nash from Goldman Sachs, coupled with a Buy rating and a high price target, is likely to generate positive sentiment among investors. This could lead to increased demand for FCNCA shares in the short term, pushing the price upwards.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100