Goldman Sachs Maintains Buy on Patria Investments, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Tito Labarta maintains a Buy rating on Patria Investments (NASDAQ:PAX) but lowers the price target from $16 to $14.
October 22, 2024 | 2:16 pm
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NEUTRAL IMPACT
Goldman Sachs has maintained its Buy rating on Patria Investments but has lowered the price target from $16 to $14, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in Patria Investments, but the lowered price target reflects a more cautious outlook, possibly due to market conditions or company performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100