Institutional Insider: Goldman Sachs Has Never Issued a Research Report Hiking Shenghong Technology's Target Price
3 day ago / Read about 0 minute
Author:小编   

Recently, market whispers have been circulating, suggesting that Goldman Sachs, taking into account Shenghong Technology's second - quarter performance and the immense growth potential of its AI business, has substantially increased its target price for the company. The claim is that the target price soared from 380 yuan to a staggering 895 yuan, and the firm also revised its net profit forecast for 2027 upwards to 27 billion yuan.

In English financial and business contexts, such rumors often spread like wildfire in the market, driven by various motives. However, an insider from a well - placed institution with close ties to Goldman Sachs has firmly debunked these rumors. According to this source, Goldman Sachs has not put out any relevant research report on this matter. Moreover, a thorough search across major research report platforms has turned up no related content, further confirming the falsity of these market gossips.

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