Stifel Maintains Buy on Codexis, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Daniel Arias maintains a 'Buy' rating on Codexis (NASDAQ:CDXS) but has lowered the price target from $9 to $5.
August 14, 2023 | 12:08 pm
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Stifel analyst maintains a 'Buy' rating on Codexis but lowers the price target from $9 to $5.
The news is directly related to Codexis (CDXS). While the 'Buy' rating is maintained, the lowering of the price target could indicate a potential decrease in the short-term stock price. However, the 'Buy' rating suggests that the stock is still expected to perform well in the long run.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100