Goldman Sachs Maintains Sell on JinkoSolar Holding Co, Lowers Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brian Lee maintains a Sell rating on JinkoSolar Holding Co (NYSE:JKS) and lowers the price target from $30 to $26.
March 21, 2024 | 3:47 pm
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Goldman Sachs maintains a Sell rating on JinkoSolar Holding Co and reduces the price target from $30 to $26.
The reduction in the price target by Goldman Sachs suggests a bearish outlook on JinkoSolar's stock, likely due to anticipated underperformance or negative market conditions affecting the company. This could lead to a decrease in investor confidence and a potential short-term decline in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100