eToro Group Price Target Cut to $32.00 by Goldman Sachs

eToro Group's (NASDAQ:ETOR) price target has been reduced by analysts at The Goldman Sachs Group from $36.00 to $32.00 in a research report issued on Tuesday.

The firm presently has a 'neutral' rating on the stock, which suggests a potential upside of 10.08% from its current price.

This is not the first time eToro Group's price target has been adjusted this month; Mizuho reduced their price objective on shares of eToro Group from $60.00 to $52.00 and set an 'outperform' rating on the stock in a report on August 12th.

eToro Group had its earnings reported last Tuesday, August 11th, where the company reported $0.68 EPS for the quarter, beating analysts' consensus estimates of $0.61 by $0.07.