HC Wainwright & Co. Downgrades Galecto to Neutral
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Raghuram Selvaraju has downgraded Galecto (NASDAQ:GLTO) from Buy to Neutral.

September 28, 2023 | 10:21 am
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Galecto has been downgraded from Buy to Neutral by HC Wainwright & Co.
Analyst ratings often have a direct impact on stock prices. A downgrade from Buy to Neutral suggests that the analyst sees less upside potential in the stock, which could lead to selling pressure and a potential decrease in the stock price in the short term.
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