Deutsche Bank Maintains Hold on Catalent, Raises Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Justin Bowers maintains a Hold rating on Catalent (NYSE:CTLT) and raises the price target from $29 to $37.
May 22, 2023 | 1:57 pm
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Deutsche Bank analyst Justin Bowers maintains a Hold rating on Catalent and raises the price target from $29 to $37.
The news of Deutsche Bank maintaining a Hold rating on Catalent and raising the price target from $29 to $37 indicates that the analyst sees potential growth in the stock but is not confident enough to recommend a Buy rating. This may lead to a neutral short-term impact on the stock price, as investors may wait for further developments or other analysts' opinions before making a decision.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100