B of A Securities Downgrades Viatris to Underperform, Announces $9 Price Target
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Jason Gerberry has downgraded Viatris (NASDAQ:VTRS) from Neutral to Underperform and set a price target of $9.

October 23, 2023 | 11:21 am
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NEGATIVE IMPACT
Viatris has been downgraded from Neutral to Underperform by B of A Securities, with a new price target of $9.
The downgrade from B of A Securities is likely to negatively impact Viatris' stock in the short term. The new price target of $9, if significantly lower than the current price, could lead to a sell-off as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100