Piper Sandler Maintains Underweight on Invitae, Lowers Price Target to $0.3
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst David Westenberg has maintained an Underweight rating on Invitae (NYSE:NVTA) and reduced the price target from $0.4 to $0.3.
November 13, 2023 | 9:15 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Piper Sandler's analyst has reaffirmed an Underweight rating on Invitae and decreased the price target, indicating a bearish outlook on the stock.
The reduction in price target by a notable analyst suggests a negative perception of Invitae's stock value, which could lead to a decrease in investor confidence and a potential drop in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100