Goldman Sachs Maintains Neutral on Vestis, Raises Price Target to $13.8
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst George Tong maintains a Neutral rating on Vestis (NYSE:VSTS) while raising the price target from $12.5 to $13.8.

August 20, 2024 | 6:04 pm
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Goldman Sachs has maintained a Neutral rating on Vestis but increased the price target from $12.5 to $13.8, indicating a positive outlook on the stock's potential value.
The increase in price target from $12.5 to $13.8 by Goldman Sachs suggests a positive outlook on Vestis's potential value, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100