Goldman Sachs Maintains Neutral on Leggett & Platt, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Susan Maklari maintains a Neutral rating on Leggett & Platt (NYSE:LEG) and lowers the price target from $20 to $14.
May 02, 2024 | 4:08 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Goldman Sachs maintains a Neutral rating on Leggett & Platt and reduces the price target from $20 to $14.
The reduction in price target by Goldman Sachs from $20 to $14 indicates a bearish outlook on the stock, likely due to underlying challenges or market conditions affecting Leggett & Platt. This adjustment could lead to a negative short-term impact on the stock's price as investors adjust their expectations based on this new analyst target.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100