Goldman Sachs Downgrades Couchbase to Sell, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kash Rangan has downgraded Couchbase (NASDAQ:BASE) from Neutral to Sell and lowered the price target from $30 to $18.
June 06, 2024 | 1:06 pm
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NEGATIVE IMPACT
Goldman Sachs has downgraded Couchbase from Neutral to Sell and reduced the price target from $30 to $18.
The downgrade from a reputable firm like Goldman Sachs and the significant reduction in the price target are likely to negatively impact Couchbase's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100