Credit Suisse Maintains Outperform on Certara, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Credit Suisse analyst Dan Leonard has maintained an 'Outperform' rating on Certara (NASDAQ:CERT) but lowered the price target from $27 to $21.
August 10, 2023 | 12:02 pm
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Certara's price target has been lowered from $27 to $21 by Credit Suisse, though the 'Outperform' rating is maintained.
The lowering of the price target by Credit Suisse could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintenance of the 'Outperform' rating indicates that the analyst still sees potential upside, which could counterbalance the negative impact.
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IMPORTANCE 80
RELEVANCE 100