Cantor Fitzgerald Downgrades Mainz Biomed to Neutral
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Ross Osborn has downgraded Mainz Biomed (NASDAQ:MYNZ) from Overweight to Neutral, indicating a change in the firm's outlook on the stock.
November 21, 2023 | 12:48 pm
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Mainz Biomed has been downgraded by Cantor Fitzgerald from Overweight to Neutral, which may lead to a negative perception among investors and potential downward pressure on the stock price in the short term.
Downgrades by analysts, such as the one from Cantor Fitzgerald, often result in a negative short-term reaction in the stock market as they suggest a less favorable outlook for the company's stock. This can lead to a decrease in investor confidence and selling pressure.
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