Cantor Fitzgerald Maintains Overweight on Prenetics Global, Lowers Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Ross Osborn has maintained an Overweight rating on Prenetics Global (NASDAQ:PRE) but lowered the price target from $6 to $4.
September 19, 2023 | 11:54 am
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Prenetics Global's price target has been lowered from $6 to $4 by Cantor Fitzgerald, though the Overweight rating is maintained.
The lowering of the price target by Cantor Fitzgerald could lead to a negative sentiment among investors, potentially causing a short-term decrease in Prenetics Global's stock price. However, the maintained Overweight rating indicates that the analyst still sees potential in the company's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100