Jefferies Downgrades Catalent to Hold, Lowers Price Target to $44
Portfolio Pulse from richadhand@benzinga.com
Jefferies analyst David Windley downgrades Catalent (NYSE:CTLT) from Buy to Hold and lowers the price target from $45 to $44.
June 14, 2023 | 10:40 am
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Catalent downgraded to Hold by Jefferies, with a lowered price target of $44.
Jefferies analyst David Windley downgraded Catalent from Buy to Hold, indicating a less favorable outlook for the stock. The lowered price target from $45 to $44 also suggests a reduced potential for stock price growth. This news is likely to have a negative short-term impact on CTLT's stock price.
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IMPORTANCE 80
RELEVANCE 100