Thoughtworks Holdings shares are trading lower after Goldman Sachs initiated coverage on the stock with a Sell rating and announced a $2.5 price target.
Portfolio Pulse from Benzinga Newsdesk
Thoughtworks Holdings shares are trading lower after Goldman Sachs initiated coverage on the stock with a Sell rating and announced a $2.5 price target.
June 24, 2024 | 3:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Goldman Sachs initiated coverage on Thoughtworks Holdings with a Sell rating and a $2.5 price target, causing the stock to trade lower.
The Sell rating and low price target from a major financial institution like Goldman Sachs are likely to negatively impact investor sentiment and lead to a short-term decline in Thoughtworks Holdings' stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100