Goldman Sachs Initiates Coverage On Baxter Intl with Neutral Rating, Announces Price Target of $36
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs has initiated coverage on Baxter International (NYSE:BAX) with a Neutral rating and set a price target of $36. Analyst David Roman led the coverage.
May 30, 2024 | 11:35 am
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NEUTRAL IMPACT
Goldman Sachs has initiated coverage on Baxter International with a Neutral rating and a price target of $36. This suggests that the firm does not expect significant short-term movement in the stock price.
The Neutral rating indicates that Goldman Sachs does not foresee significant upside or downside in Baxter International's stock price in the short term. The price target of $36 provides a specific valuation benchmark for investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100