Goldman Sachs has predicted a potential rally for two stocks based on their solid upside. The first stock is Informatica, a Silicon Valley software company specializing in data management. Informatica’s recent numbers show growth in subscription customers, annual recurring revenue, and free cash flow. Goldman Sachs analyst Kash Rangan believes Informatica presents an opportunity for investors due to its strong competitive position and potential for double-digit growth. Rangan has given the stock a Buy rating with a price target implying a 34% upside potential.
The second stock is BrightSpring Health Services, a healthcare company offering a range of services focused on home-and community-based care. BrightSpring operates in all 50 states and provides pharmacy, primary care, home health care, rehabilitation, and behavioral health services. Analyst Jamie Perse from Goldman Sachs sees growth potential for BrightSpring due to its strong clinical focus and national presence. Perse has initiated coverage with a Buy rating and a price target suggesting a 166% potential upside.
Overall, both stocks have received positive assessments from Goldman Sachs analysts, highlighting their potential for growth in their respective markets.
