Goldman Sachs BDC (NYSE:GSBD) Cut to “Hold” at StockNews.com

According to a report by StockNews.com, Goldman Sachs BDC NYSEGSBD has been cut from a buy rating to a hold rating in a research note released on Thursday. This change in recommendation was made after a number of other equities research analysts have also recently commented on the stock.

Wells Fargo & Company, another financial institution, has also weighed in on the stock by lifting their price target on shares of Goldman Sachs BDC from […]. This indicates that they believe the stock is undervalued and could potentially perform better in the future.

It's worth noting that a hold rating typically means that an analyst believes the stock is not a good investment at this time, but it may still have potential for growth in the future. A buy rating, on the other hand, indicates that an analyst believes the stock is a good investment and should be purchased.

It's important to keep in mind that these ratings are based on the opinions of individual analysts and may not necessarily reflect the overall performance of the stock. It's always a good idea to do your own research and consider seeking advice from a financial advisor before making any investment decisions.