Morphic shares are trading lower after BTIG downgraded the stock from Buy to Neutral.
Portfolio Pulse from Benzinga Newsdesk
Shares of Morphic Holding Inc. (MORF) are trading lower after BTIG downgraded the stock from Buy to Neutral.
September 25, 2023 | 1:11 pm
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NEGATIVE IMPACT
Morphic Holding Inc.'s stock was downgraded by BTIG from Buy to Neutral, leading to a decrease in the stock's trading price.
The downgrade of Morphic Holding Inc.'s stock by BTIG from Buy to Neutral indicates a less optimistic outlook for the company's stock, which can lead to selling pressure and a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100