JP Morgan Maintains Neutral on Galapagos, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst James Quigley maintains a Neutral rating on Galapagos (NASDAQ:GLPG) and lowers the price target from $52 to $45.
May 31, 2023 | 12:29 pm
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JP Morgan analyst James Quigley maintains a Neutral rating on Galapagos and lowers the price target from $52 to $45.
The lowered price target by JP Morgan analyst James Quigley indicates a less optimistic outlook for Galapagos' stock price in the short term. This may lead to a negative impact on the stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100