Wells Fargo Upgrades Goldman Sachs BDC to Equal-Weight, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Finian O'Shea has upgraded Goldman Sachs BDC (NYSE:GSBD) from Underweight to Equal-Weight and lowered the price target from $14 to $12.
August 12, 2024 | 11:14 am
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NEUTRAL IMPACT
Wells Fargo has upgraded Goldman Sachs BDC from Underweight to Equal-Weight and lowered the price target from $14 to $12.
The upgrade from Underweight to Equal-Weight is a positive signal, indicating improved sentiment. However, the lowered price target to $12 from $14 suggests tempered expectations for future performance. The net impact is likely neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100