Roth MKM Maintains Buy on CryoPort, Lowers Price Target to $25
Portfolio Pulse from richadhand@benzinga.com
Roth MKM analyst Richard Baldry has maintained a 'Buy' rating on CryoPort (NASDAQ:CYRX), but lowered the price target from $40 to $25.
July 13, 2023 | 2:34 pm
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NEGATIVE IMPACT
CryoPort's price target has been lowered from $40 to $25 by Roth MKM, though the 'Buy' rating is maintained.
The lowering of the price target by Roth MKM could lead to a negative sentiment among investors, potentially causing a short-term drop in CryoPort's stock price. However, the maintained 'Buy' rating indicates that the analyst still sees potential in the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100