Goldman Sachs Downgrades Savers Value Village to Neutral, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brooke Roach has downgraded Savers Value Village (NYSE:SVV) from Buy to Neutral and lowered the price target from $14 to $10.

August 09, 2024 | 12:02 pm
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NEGATIVE IMPACT
Goldman Sachs has downgraded Savers Value Village from Buy to Neutral and reduced the price target from $14 to $10.
The downgrade from Buy to Neutral and the significant reduction in the price target from $14 to $10 by a major financial institution like Goldman Sachs is likely to negatively impact investor sentiment and the short-term stock price of Savers Value Village.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100