William Blair Downgrades Mesoblast to Market Perform
Portfolio Pulse from richadhand@benzinga.com
William Blair analyst Sami Corwin has downgraded Mesoblast (NASDAQ:MESO) from Outperform to Market Perform.
August 04, 2023 | 3:22 pm
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Mesoblast has been downgraded from Outperform to Market Perform by William Blair.
Analyst ratings often have a direct impact on stock prices. A downgrade from Outperform to Market Perform suggests that the analyst believes the stock will now perform in line with the market, rather than outperforming it. This could lead to a decrease in investor confidence and a potential drop in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100