Goldman Sachs Maintains Buy Rating for Sterling Check: Here's What You Need To Know

Author: Benzinga Insights | November 09, 2023 01:00pm

Goldman Sachs has decided to maintain its Buy rating of Sterling Check (NASDAQ:STER) and lower its price target from $16.00 to $14.00.

Shares of Sterling Check are trading up 0.0% over the last 24 hours, at $11.25 per share.

A move to $14.00 would account for a 24.44% increase from the current share price.

About Sterling Check

Sterling Check Corp is a global provider of technology-enabled background and identity verification services. It offers a hiring and risk management solution that begins with identity verification, followed by criminal background screening, credential verification, drug and health screening, processing of employee documentation required for onboarding, and ongoing risk monitoring. Its services are delivered through a purpose-built, proprietary, cloud-based technology platform that empowers organizations with real-time and data-driven insights to conduct and manage their employment screening programs.

About Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: STER