Piper Sandler Maintains Neutral on Viatris, Raises Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst David Amsellem has maintained a Neutral rating on Viatris (NASDAQ:VTRS) and increased the price target from $10 to $11.
November 22, 2023 | 5:57 pm
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POSITIVE IMPACT
Piper Sandler has maintained a Neutral rating on Viatris and raised the price target from $10 to $11, indicating a potential upside from the previous target.
The increase in price target by Piper Sandler suggests a positive outlook on Viatris's future performance, which could lead to investor optimism and a potential short-term increase in the stock price. However, the Neutral rating indicates that the analyst does not see significant outperformance relative to the market or sector, which tempers the potential impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100