Goldman Sachs Maintains Neutral on Stem, Lowers Price Target to $0.65
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brian Lee maintains a Neutral rating on Stem (NYSE:STEM) and lowers the price target from $0.75 to $0.65.
November 01, 2024 | 5:20 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Goldman Sachs has maintained a Neutral rating on Stem and reduced the price target from $0.75 to $0.65, indicating a less optimistic outlook.
The reduction in price target by Goldman Sachs suggests a less favorable view on Stem's future performance, which could lead to a negative short-term impact on the stock price. The Neutral rating indicates no strong buy or sell recommendation, but the lowered target may influence investor sentiment negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100