RBC Capital Maintains Outperform Rating for Catalent: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
RBC Capital has maintained its Outperform rating for Catalent (NYSE:CTLT) and increased its price target from $51.00 to $58.00. This would represent a 20.08% increase from the current share price. Catalent's shares have risen by 1.02% over the last 24 hours.
August 30, 2023 | 5:00 pm
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POSITIVE IMPACT
RBC Capital's maintained Outperform rating and increased price target for Catalent could potentially lead to a positive impact on the company's stock in the short term.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. RBC Capital's decision to maintain an Outperform rating and raise the price target for Catalent indicates a positive outlook for the company, which could potentially lead to an increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100