Capital One Downgrades Kodiak Sciences to Equal-Weight, Announces $7 Price Target
Portfolio Pulse from richadhand@benzinga.com
Capital One analyst Zegbeh Jallah has downgraded Kodiak Sciences (NASDAQ:KOD) from Overweight to Equal-Weight and set a price target of $7.
July 24, 2023 | 2:02 pm
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Kodiak Sciences has been downgraded by Capital One from Overweight to Equal-Weight, with a new price target of $7.
The downgrade from Overweight to Equal-Weight by Capital One indicates a less optimistic outlook for Kodiak Sciences. The new price target of $7 also suggests a potential downside, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100