Goldman Sachs Begins Coverage of GLOBALFOUNDRIES (GFS) Stock with a Neutral Rating - Overpasses For America

Goldman Sachs Begins coverage of GLOBALFOUNDRIES (GFS) Stock with a Neutral Rating - Overpasses For America

Most Promising AI Stocks to Buy Now. Goldman Sachs began coverage of the company’s stock with a “Neutral” rating and a price objective of $40, as reported by The Fly. The firm initiated on the US semiconductor capital equipment, storage, and foundry sectors with a balanced view. The semiconductor capital equipment industry remains in mid-cycle, and headwinds and tailwinds continue to create relatively stable revenue dynamics, added the firm’s an…

Goldman Sachs Neutral on GLOBALFOUNDRIES (GFS) Stock

Goldman Sachs has recently initiated coverage on GLOBALFOUNDRIES (GFS) stock with a neutral rating. This news has caught the attention of many investors and traders, as Goldman Sachs is known for its expertise in the financial industry. But what exactly does this neutral rating mean for retail investors? According to Goldman Sachs, a neutral rating means that they believe the stock will perform in line with the overall market. In other words, th…