Goldman Sachs Upgrades Ducommun to Buy, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs has upgraded Ducommun (NYSE:DCO) from Neutral to Buy and raised the price target from $64 to $80.
August 13, 2024 | 9:50 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Goldman Sachs has upgraded Ducommun from Neutral to Buy and increased the price target from $64 to $80.
An upgrade from a major financial institution like Goldman Sachs typically boosts investor confidence, likely leading to a short-term increase in the stock price. The raised price target also suggests a positive outlook for the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100