Advent Technologies Holdings Inc (ADN)

[WeTheMarket]

The Goldman Sachs Group Lowers Advent Technologies (NASDAQ:ADN) to Neutral
Posted by ABMN Staff on May 18th, 2021

Advent Technologies (NASDAQ:ADN) was downgraded by research analysts at The Goldman Sachs Group from a “buy” rating to a “neutral” rating in a note issued to investors on Tuesday, Briefing.com reports. They currently have a $20.00 target price on the stock. The Goldman Sachs Group’s price objective points to a potential upside of 110.53% from the company’s current price.

Other research analysts have also recently issued research reports about the stock. Jefferies Financial Group began coverage on shares of Advent Technologies in a research report on Thursday, March 25th. They issued a “buy” rating and a $18.00 target price on the stock. Credit Suisse Group upped their target price on shares of Advent Technologies from $16.00 to $18.00 and gave the company an “underperform” rating in a research report on Wednesday, March 17th.

Link: https://www.americanbankingnews.com/2021/05/18/the-goldman-sachs-group-lowers-advent-technologies-nasdaqadn-to-neutral.html