Goldman Sachs Maintains Neutral on Fortrea Holdings, Lowers Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Matthew Sykes has maintained a Neutral rating on Fortrea Holdings (NASDAQ:FTRE) while lowering the price target from $26 to $23.

October 08, 2024 | 2:11 pm
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Goldman Sachs has maintained a Neutral rating on Fortrea Holdings and reduced the price target from $26 to $23, indicating a less optimistic outlook.
The reduction in price target from $26 to $23 by Goldman Sachs suggests a less optimistic view on Fortrea Holdings' future performance. This could lead to a negative short-term impact on the stock price as investors may adjust their expectations.
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