Goldman Sachs Maintains Buy on Erasca, Lowers Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Chris Shibutani maintains a Buy rating on Erasca (NASDAQ:ERAS) but lowers the price target from $4 to $3.

August 14, 2024 | 3:52 pm
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Goldman Sachs analyst Chris Shibutani maintains a Buy rating on Erasca but lowers the price target from $4 to $3.
The Buy rating suggests continued confidence in Erasca's long-term potential, but the lowered price target indicates some short-term concerns or adjustments in valuation. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100