Goldman Sachs Maintains Neutral on Gates Industrial Corp, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Jerry Revich maintains a Neutral rating on Gates Industrial Corp (NYSE:GTES) and raises the price target from $18 to $20.
August 01, 2024 | 10:56 am
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Goldman Sachs analyst Jerry Revich maintains a Neutral rating on Gates Industrial Corp (NYSE:GTES) and raises the price target from $18 to $20.
The raised price target from $18 to $20 by a reputable analyst at Goldman Sachs is a positive signal for investors, indicating potential upside. However, the Neutral rating suggests that the stock may not outperform the market significantly in the short term.
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IMPORTANCE 70
RELEVANCE 100