Goldman Sachs Upgrades Ncino to Buy, Raises Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs has upgraded Ncino (NASDAQ:NCNO) from Neutral to Buy and raised the price target from $34 to $42.
August 14, 2024 | 9:31 am
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Goldman Sachs has upgraded Ncino from Neutral to Buy and increased the price target from $34 to $42.
An upgrade from a major financial institution like Goldman Sachs typically boosts investor confidence and can lead 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