Barclays Downgrades Viatris to Underweight, Announces $11 Price Target
Portfolio Pulse from richadhand@benzinga.com
Barclays analyst Balaji Prasad has downgraded Viatris (NASDAQ:VTRS) from Equal-Weight to Underweight and announced an $11 price target.
June 23, 2023 | 9:47 am
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NEGATIVE IMPACT
Viatris (NASDAQ:VTRS) has been downgraded by Barclays from Equal-Weight to Underweight, with a new price target of $11.
The downgrade from Barclays is likely to have a negative impact on VTRS stock price in the short term, as investors may perceive the stock as less attractive due to the lower rating and price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100