Goldman Sachs Downgrades Expro Gr Hldgs to Neutral, Raises Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Neil Mehta has downgraded Expro Group Holdings (NYSE:XPRO) from Buy to Neutral, while raising the price target from $22 to $23.
June 03, 2024 | 12:06 pm
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NEUTRAL IMPACT
Goldman Sachs has downgraded Expro Group Holdings from Buy to Neutral, but raised the price target from $22 to $23. This mixed signal may lead to short-term volatility in the stock price.
The downgrade from Buy to Neutral suggests a less optimistic outlook, which could put downward pressure on the stock. However, the raised price target indicates some positive expectations, balancing the overall impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100