Goldman Sachs maintains Neutral on Angi, lowers target to $6

scanx
Reviewed by
Radhika SScanX News Team
Key Highlights

Goldman Sachs analyst Eric Sheridan maintained a Neutral rating on Angi (NASDAQ: ANGI) and lowered the price target to $6 from $10. This follows a previous Market Perform rating by Citizens analyst Matthew Condon.

powered bylight_fuzz_icon
45498184

*this image is generated using AI for illustrative purposes only.

Goldman Sachs analyst Eric Sheridan has maintained a Neutral rating on Angi (NASDAQ: ANGI) while lowering the price target to $6 from $10. The revised target reflects a more cautious outlook on the company's stock performance. This adjustment follows a previous Market Perform rating by Citizens analyst Matthew Condon.

Rating Details

The following table outlines the current rating status from Goldman Sachs:

Company Ticker Rating Price Target
Angi NASDAQ: ANGI Neutral $6
Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

What specific factors led Goldman Sachs to adopt a more cautious outlook on Angi's stock performance?

How might this downgrade influence other analysts' ratings and price targets for Angi in the near term?

What are the potential risks or challenges Angi could face that justify the lowered price target?

like17
dislike