Goldman Sachs downgrades Shenzhen Goodix Tech A to 'sell' with a price target of RMB40.00

  • Investing.com
Goldman Sachs downgrades Shenzhen Goodix Tech A to 'sell' with a price target of RMB40.00

An analyst from Goldman Sachs downgraded Shenzhen Goodix Tech A (SS: 603160) from Neutral to 'sell' with a price target of RMB40.00 from a prior price target of RMB62.00.

Prior to this rating, Shenzhen Goodix Tech A had 0 buy ratings, 3 hold ratings, and 6 sell ratings.

For consensus analyst estimates and price targets on Shenzhen Goodix Tech A, click here. For more news on Shenzhen Goodix Tech A, click here.

Shenzhen Goodix Tech A's stock price closed at $50.55. They are down -15.75% in the last month and down -10.47% in the last 12 months.

According to Investing Pro, Shenzhen Goodix Tech A's fair value is $45.49, a downside of 10.07%. Shenzhen Goodix Tech A's fair value comes with a medium degree of uncertainty, according to InvestingPro.

Check out Shenzhen Goodix Tech A's recent earnings performance and financials here.

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