Scotiabank Downgrades Olink Holding to Sector Perform
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Sung Ji Nam has downgraded Olink Holding (NASDAQ:OLK) from Sector Outperform to Sector Perform.

October 18, 2023 | 12:27 pm
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NEGATIVE IMPACT
Olink Holding has been downgraded by Scotiabank from Sector Outperform to Sector Perform, which may negatively impact the stock's performance.
Analyst ratings often influence the market's perception of a company. A downgrade from 'Sector Outperform' to 'Sector Perform' suggests that the analyst believes the company will now perform at the same level as the rest of the sector, rather than outperforming it. This could lead to a decrease in investor confidence and a potential drop in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100