JP Morgan Maintains Overweight on Neumora Therapeutics, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tessa Romero maintains an Overweight rating on Neumora Therapeutics (NASDAQ:NMRA) but lowers the price target from $21 to $20.

November 08, 2023 | 8:32 pm
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JP Morgan maintains an Overweight rating on Neumora Therapeutics but lowers the price target from $21 to $20.
The news is directly related to Neumora Therapeutics. While the Overweight rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock in the short term. However, the impact is likely to be neutral as the price target is still relatively high.
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IMPORTANCE 80
RELEVANCE 100