Piper Sandler Maintains Overweight on Danimer Scientific, Lowers Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Charles Neivert has maintained an Overweight rating on Danimer Scientific (NYSE:DNMR) but lowered the price target from $5.5 to $4.

October 11, 2023 | 3:45 pm
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Piper Sandler has maintained an Overweight rating on Danimer Scientific but lowered the price target from $5.5 to $4.
The news is directly about Danimer Scientific. The maintained Overweight rating indicates that Piper Sandler still sees the stock as a good investment. However, the lowered price target could indicate a reduced growth expectation, which might have a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100