Zai Lab Limited shares are trading lower after Citigroup and Goldman Sachs maintained a Buy rating on the stock and lowered their respective price targets.
Portfolio Pulse from Benzinga Newsdesk
Zai Lab Limited's shares are trading lower after Citigroup and Goldman Sachs maintained a Buy rating but lowered their respective price targets on the stock.
October 26, 2023 | 5:26 pm
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Zai Lab Limited's stock price is trading lower after Citigroup and Goldman Sachs maintained a Buy rating but lowered their price targets.
The lowering of price targets by Citigroup and Goldman Sachs, despite maintaining a Buy rating, indicates a less optimistic outlook for Zai Lab Limited. This has led to a decrease in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100