Stephens & Co. Downgrades CryoPort to Equal-Weight, Lowers Price Target to $15
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Jacob Johnson has downgraded CryoPort (NASDAQ:CYRX) from Overweight to Equal-Weight and lowered the price target from $26 to $15.
July 17, 2023 | 2:03 pm
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CryoPort has been downgraded by Stephens & Co. and its price target has been lowered, which could negatively impact its stock price.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. The downgrade from Overweight to Equal-Weight and the lowering of the price target from $26 to $15 by Stephens & Co. could lead to a decrease in CryoPort's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100