Morgan Stanley Downgrades Sight Sciences to Equal-Weight, Lowers Price Target to $8.4
Portfolio Pulse from richadhand@benzinga.com
Morgan Stanley analyst Cecilia Furlong has downgraded Sight Sciences (NASDAQ:SGHT) from Overweight to Equal-Weight and lowered the price target from $12 to $8.4.
August 24, 2023 | 9:16 am
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NEGATIVE IMPACT
Sight Sciences has been downgraded by Morgan Stanley from Overweight to Equal-Weight, with a lowered price target of $8.4.
The downgrade from Morgan Stanley is likely to negatively impact the stock price of Sight Sciences in the short term. The lowered price target suggests that the analyst sees less upside potential in the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100