Goldman Sachs Maintains Neutral on Vacasa, Lowers Price Target to $8.5
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Ben Miller maintains a Neutral rating on Vacasa (NASDAQ:VCSA) and lowers the price target from $9.5 to $8.5.

May 13, 2024 | 3:58 pm
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Goldman Sachs has maintained its Neutral rating on Vacasa but reduced the price target from $9.5 to $8.5, indicating a cautious outlook on the stock's short-term price movement.
The reduction in price target by a prominent analyst like Goldman Sachs can lead to a negative perception among investors, potentially causing a short-term decline in Vacasa's stock price. The maintenance of a Neutral rating suggests that while the outlook is not overly bearish, the lowered price target reflects revised expectations that could influence investor sentiment.
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IMPORTANCE 75
RELEVANCE 100