Stifel Maintains Hold on Morphic Holding, Lowers Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Alex Thompson maintains a 'Hold' rating on Morphic Holding (NASDAQ:MORF) and has lowered the price target from $61 to $33.
September 25, 2023 | 6:26 pm
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NEGATIVE IMPACT
Stifel analyst has maintained a 'Hold' rating on Morphic Holding and lowered the price target from $61 to $33.
The lowering of the price target by a significant margin by Stifel analyst could negatively impact investor sentiment and potentially lead to a short-term decrease in the stock price of Morphic Holding.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100