Goldman Sachs Downgrades Corporacion Inmobiliaria to Neutral, Lowers Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs has downgraded Corporacion Inmobiliaria (NYSE:VTMX) from Buy to Neutral and reduced its price target from $42 to $32.
October 07, 2024 | 4:30 pm
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Goldman Sachs has downgraded Corporacion Inmobiliaria from Buy to Neutral, reducing the price target from $42 to $32, indicating a less optimistic outlook.
The downgrade from Buy to Neutral by a major financial institution like Goldman Sachs typically signals a less favorable view on the stock's potential, which can lead to a negative short-term impact on the stock price. The lowered price target further supports this outlook.
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