Stifel Maintains Buy on Merus, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Bradley Canino maintains a Buy rating on Merus (NASDAQ:MRUS) but lowers the price target from $45 to $40.
October 24, 2023 | 5:16 pm
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NEUTRAL IMPACT
Stifel maintains a Buy rating on Merus but lowers the price target from $45 to $40.
The news is directly about Merus and is likely to impact its stock. While the maintained Buy rating is positive, the lowered price target might have a negative effect. The net impact is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100