Mizuho Maintains Buy on Alector, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Graig Suvannavejh has maintained a 'Buy' rating on Alector (NASDAQ:ALEC) but lowered the price target from $12 to $10.

August 11, 2023 | 12:07 pm
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NEUTRAL IMPACT
Mizuho has maintained a 'Buy' rating on Alector but lowered the price target from $12 to $10.
While Mizuho's maintained 'Buy' rating indicates a positive outlook for Alector, the lowered price target could potentially indicate a less optimistic future performance. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100