Goldman Sachs Maintains Buy on Moderna, Lowers Price Target to $178
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Salveen Richter maintains a Buy rating on Moderna (NASDAQ:MRNA) but lowers the price target from $204 to $178.

August 02, 2024 | 4:42 pm
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Goldman Sachs analyst Salveen Richter maintains a Buy rating on Moderna but lowers the price target from $204 to $178.
The Buy rating suggests continued confidence in Moderna's long-term prospects, but the lowered price target indicates some caution about short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100