Stephens & Co. Maintains Equal-Weight on OraSure Technologies, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. has maintained an Equal-Weight rating on OraSure Technologies (NASDAQ:OSUR) but lowered the price target from $6.5 to $5.
July 17, 2023 | 3:55 pm
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OraSure Technologies' price target has been lowered from $6.5 to $5 by Stephens & Co., while maintaining an Equal-Weight rating.
The lowering of the price target by Stephens & Co. indicates a less optimistic outlook for OraSure Technologies, which could negatively impact the stock's price in the short term. However, the maintenance of an Equal-Weight rating suggests that the company is still considered a solid investment, albeit with a lower expected return.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100