Goldman Sachs Maintains Neutral on GeneDx Hldgs, Raises Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Matthew Sykes maintains a Neutral rating on GeneDx Holdings (NASDAQ:WGS) and raises the price target from $12.5 to $28.

July 17, 2024 | 4:05 pm
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Goldman Sachs analyst Matthew Sykes maintains a Neutral rating on GeneDx Holdings (NASDAQ:WGS) and raises the price target from $12.5 to $28.
The raised price target from $12.5 to $28 by a reputable analyst at Goldman Sachs is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price of GeneDx Holdings. However, the Neutral rating suggests that the analyst does not see significant upside potential beyond the new price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100