Generation Bio shares are trading lower after TD Cowen downgraded the stock from Outperform to Market Perform.
Portfolio Pulse from Benzinga Newsdesk
TD Cowen has downgraded Generation Bio's stock from Outperform to Market Perform, leading to a decrease in the company's share price.
October 19, 2023 | 3:59 pm
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Generation Bio's stock has been downgraded by TD Cowen, resulting in a decrease in its share price.
TD Cowen, a significant market analyst, has downgraded Generation Bio's stock from Outperform to Market Perform. This downgrade is a direct indicator of the company's expected performance, leading to a decrease in its share price. As a result, investors may sell their shares, further driving down the price.
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