Goldman Sachs Maintains Sell on Granite Construction, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Jerry Revich maintains a Sell rating on Granite Construction (NYSE:GVA) but raises the price target from $61 to $70.
October 09, 2024 | 2:45 pm
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Goldman Sachs has maintained a Sell rating on Granite Construction but increased the price target from $61 to $70, indicating a more optimistic view on the stock's potential value despite the negative rating.
The Sell rating suggests a negative outlook, but the raised price target indicates some positive expectations for the stock's value. This mixed signal may lead to neutral short-term price movement as investors weigh the implications.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100