Goldman Sachs Maintains Neutral on Nextdoor Holdings, Raises Price Target to $2.5
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan has maintained a Neutral rating on Nextdoor Holdings (NYSE:KIND) and increased the price target from $2.25 to $2.5.

May 09, 2024 | 12:52 pm
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Goldman Sachs has maintained a Neutral rating on Nextdoor Holdings but raised the price target from $2.25 to $2.5.
The increase in price target by Goldman Sachs, a major financial institution, suggests a positive outlook on the stock's future performance, albeit maintaining a Neutral stance. This adjustment could lead to increased investor confidence in Nextdoor Holdings, potentially driving short-term interest and a slight uptick in the stock price.
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IMPORTANCE 75
RELEVANCE 100