Goldman Sachs Group, Inc. (The) began coverage on shares of BEST Inc (NASDAQ:BSTI) in a research report report published on Sunday, October 15th, Marketbeat Ratings reports. The brokerage issued a buy rating and a $16.60 price target on the stock.
BEST (BSTI) opened at 10.67 on Friday. BEST has a 1-year low of $10.31 and a 1-year high of $13.25. The stock’s 50 day moving average price is $11.33 and its 200 day moving average price is $11.33. The firm’s market cap is $2.42 billion.
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BEST Inc is engaged in providing supply chain solutions. The Company offers a cloud based platform, BEST Cloud which is integration of online and offline retail to offer delivery. It provides technology-enabled solutions to its users. The Company’s service offerings include BEST supply chain management, BEST express, BEST freight, BEST store+, BEST global, BEST cargo and BEST Ucargo.
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