Goldman Sachs Initiates Coverage On UL Solutions with Neutral Rating, Announces Price Target of $39
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst George Tong initiates coverage on UL Solutions (NYSE:ULS) with a Neutral rating and a price target of $39.

May 07, 2024 | 11:00 am
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NEUTRAL IMPACT
Goldman Sachs initiated coverage on UL Solutions with a Neutral rating and a price target of $39.
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 UL Solutions as fairly valued at its current price, implying limited short-term price movement. The price target of $39 provides a benchmark for investors but does not suggest significant upside or downside, hence the neutral impact score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100