Barclays Maintains Overweight on Pacira BioSciences, Lowers Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Balaji Prasad maintains an Overweight rating on Pacira BioSciences (NASDAQ:PCRX) but lowers the price target from $60 to $57.
October 23, 2023 | 3:09 pm
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Barclays maintains an Overweight rating on Pacira BioSciences but lowers the price target from $60 to $57.
The news is directly about Pacira BioSciences. Barclays' decision to maintain an Overweight rating indicates a positive outlook for the company. However, the lowering of the price target may create some uncertainty among investors, potentially impacting the stock's short-term performance.
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IMPORTANCE 80
RELEVANCE 100