Mizuho Maintains Buy on Karuna Therapeutics, Lowers Price Target to $258
Portfolio Pulse from jenniferd'souza@benzinga.com
Mizuho analyst Graig Suvannavejh has maintained a 'Buy' rating on Karuna Therapeutics (NASDAQ:KRTX) but lowered the price target from $274 to $258.
August 04, 2023 | 3:26 pm
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Mizuho has maintained a 'Buy' rating on Karuna Therapeutics but lowered the price target from $274 to $258.
While Mizuho's maintained 'Buy' rating indicates continued confidence in Karuna Therapeutics, the lowered price target may suggest a tempered outlook. This could potentially impact the stock's short-term performance, but the overall sentiment remains positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100