Goldman Sachs Maintains Neutral on Weave Communications, Raises Price Target to $14.5
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kash Rangan maintains a Neutral rating on Weave Communications (NYSE:WEAV) and raises the price target from $13 to $14.5.

November 01, 2024 | 5:23 pm
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POSITIVE IMPACT
Goldman Sachs has maintained a Neutral rating on Weave Communications but increased the price target from $13 to $14.5, indicating a slightly more positive outlook.
The increase in price target from $13 to $14.5 suggests a more optimistic view on Weave Communications' future performance, which could positively influence investor sentiment and potentially lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not see significant upside potential, which tempers the impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100