Freedom Broker Cuts Goldman Sachs Price Target to $1100 From $1200
Freedom Broker lowered its Goldman Sachs price target to $1100 from $1200 and raised its rating to Buy from Hold, according to Dow Jones Newswires.
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what happened
According to Dow Jones Newswires, citing Benzinga, Freedom Broker reduced its price target on Goldman Sachs shares to $1100 from $1200. The same report also records an upgrade of the rating from Hold to Buy.
why it matters
A single broker's target and rating changes are routine analyst updates and usually affect only short-term sentiment around the stock. A lower price target paired with a more positive rating means the broker sees the expected share value as lower but has a more favorable view of the shares. For the broader market this news is of limited significance.
tags
instruments
sources
- Goldman Sachs Price Target Cut to $1100.00/Share From $1200.00 by Freedom Broker — Dow Jones Newswires, 23 October 2026 at 20:47 UTC
- M/I Homes Price Target Cut to $155.00/Share From $172.00 by Freedom Broker — Dow Jones Newswires, 23 October 2026 at 20:55 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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