Cantor Fitzgerald Maintains Overweight on PTC Therapeutics, Lowers Price Target to $73
Portfolio Pulse from richadhand@benzinga.com
Cantor Fitzgerald analyst Kristen Kluska has maintained an Overweight rating on PTC Therapeutics (NASDAQ:PTCT), but lowered the price target from $75 to $73.
June 30, 2023 | 2:04 pm
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PTC Therapeutics' price target has been lowered from $75 to $73 by Cantor Fitzgerald, though the Overweight rating is maintained.
The news directly pertains to PTC Therapeutics as the company's price target has been revised by Cantor Fitzgerald. While the Overweight rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock in the short term. However, the impact on the stock price is uncertain as the Overweight rating suggests that the analyst still expects the stock to outperform.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100