Citigroup Maintains Buy on PTC Therapeutics, Lowers Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst David Lebovitz maintains a Buy rating on PTC Therapeutics (NASDAQ:PTCT) but lowers the price target from $70 to $63.
May 24, 2023 | 10:33 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Citigroup analyst maintains Buy rating on PTC Therapeutics (NASDAQ:PTCT) but lowers price target from $70 to $63.
The news of Citigroup maintaining a Buy rating on PTC Therapeutics indicates a positive outlook for the company. However, the lowering of the price target from $70 to $63 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100