Barclays Maintains Overweight on Mirati Therapeutics, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Gena Wang maintains an Overweight rating on Mirati Therapeutics (NASDAQ:MRTX) but lowers the price target from $90 to $75.
May 25, 2023 | 9:54 am
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Barclays maintains an Overweight rating on Mirati Therapeutics (MRTX) but lowers the price target from $90 to $75.
The news of Barclays maintaining an Overweight rating on Mirati Therapeutics indicates a positive outlook for the company. However, the lowering of the price target from $90 to $75 may create uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100