Goldman Sachs Maintains Neutral on Ryan Specialty Hldgs, Raises Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Robert Cox maintains a Neutral rating on Ryan Specialty Holdings (NYSE:RYAN) but raises the price target from $64 to $72.
October 09, 2024 | 2:54 pm
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Goldman Sachs has maintained a Neutral rating on Ryan Specialty Holdings but increased the price target from $64 to $72, indicating a positive outlook despite the neutral stance.
The increase in the price target from $64 to $72 suggests that Goldman Sachs sees potential upside in Ryan Specialty Holdings' stock, which could lead to a positive short-term impact on the stock price. However, the Neutral rating indicates that the analyst does not see a strong enough reason to recommend buying the stock at this time.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100