Jefferies Downgrades Kodiak Sciences to Hold, Announces $3 Price Target
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Michael Yee has downgraded Kodiak Sciences (NASDAQ:KOD) from Buy to Hold and set a price target of $3.

July 24, 2023 | 5:01 pm
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Kodiak Sciences has been downgraded from Buy to Hold by Jefferies with a price target of $3.
The downgrade from Buy to Hold by Jefferies indicates a less optimistic outlook for Kodiak Sciences. The low price target of $3 also suggests that the analyst sees limited upside potential for the stock, which could negatively impact its short-term price.
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