Goldman Sachs Maintains Buy on Petco Health and Wellness, Lowers Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kate McShane maintains a Buy rating on Petco Health and Wellness (NASDAQ:WOOF) but lowers the price target from $5 to $4.
September 12, 2024 | 3:35 pm
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NEUTRAL IMPACT
Goldman Sachs maintains a Buy rating on Petco Health and Wellness but lowers the price target from $5 to $4, indicating a cautious outlook.
The Buy rating suggests confidence in Petco's long-term potential, but the lowered price target reflects a more cautious short-term outlook. This mixed signal may result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100