Goldman Sachs cuts stock targets for E2open, Snap, JetBlue, BankUnited
Goldman Sachs cuts stock targets for E2open, Snap, JetBlue, BankUnited

Goldman Sachs cuts stock targets for E2open, Snap, JetBlue, BankUnited

News summary

Goldman Sachs recently updated its outlooks on several U.S. companies following their latest quarterly results. E2open Parent Holdings saw its price target cut to $2.10 and retained a Sell rating, as analysts noted ongoing customer churn stabilization but remained cautious about near-term growth prospects. Snap Inc.'s price target was reduced to $8.50 with a Neutral rating, as the company reported solid Q1 growth and healthy margins but faces advertising market volatility and withheld forward guidance. JetBlue Airways maintained a Sell rating and a $3.00 target due to high debt, ongoing losses, and a suspended financial outlook amid macroeconomic uncertainty, despite slightly outperforming expectations for the March quarter. Dover Corp retained a Buy rating with a $199 target, as its earnings exceeded expectations in some segments but overall growth guidance was revised downward due to tariff pressures and segment-specific challenges. BankUnited kept its Sell rating and $38 target after a mixed quarter, with expense control offset by weaker net interest income and loan growth, leaving investors cautious about future performance.

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