Goldman Sachs Initiates Coverage On Solventum with Sell Rating, Announces Price Target of $54
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs has initiated coverage on Solventum (NYSE:SOLV) with a Sell rating and a price target of $54.
May 30, 2024 | 11:21 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Goldman Sachs has initiated coverage on Solventum with a Sell rating and a price target of $54, indicating a bearish outlook.
The Sell rating from a major financial institution like Goldman Sachs is likely to negatively impact investor sentiment and could lead to a short-term decline in Solventum's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100