Mesoblast shares are trading lower after Maxim Group downgraded the stock from Buy to Hold.
Portfolio Pulse from Bill Haddad
Maxim Group has downgraded Mesoblast from Buy to Hold, leading to a decrease in the company's stock price.
August 07, 2023 | 3:42 pm
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Mesoblast's stock price is trading lower following a downgrade from Maxim Group.
Analyst ratings often have a significant impact on a company's stock price. In this case, Maxim Group's downgrade from Buy to Hold indicates a less optimistic outlook for Mesoblast, which has led to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100