Guggenheim Maintains Buy on Mirati Therapeutics, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Michael Schmidt has maintained a 'Buy' rating on Mirati Therapeutics (NASDAQ:MRTX) but lowered the price target from $104 to $60.

July 24, 2023 | 4:36 pm
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Guggenheim has maintained a 'Buy' rating on Mirati Therapeutics but lowered the price target from $104 to $60.
The news is directly related to Mirati Therapeutics. While the 'Buy' rating is maintained, the lowering of the price target could indicate a potential downside risk, which might impact the stock's performance in the short term. However, the impact is not necessarily negative as the 'Buy' rating is still in place.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100