JP Morgan Downgrades NanoString Technologies to Neutral
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Rachel Vatnsdal has downgraded NanoString Technologies (NSTG) from Overweight to Neutral, indicating a change in the bank's outlook on the company's stock.
November 27, 2023 | 11:02 am
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NEGATIVE IMPACT
NanoString Technologies was downgraded by JP Morgan from Overweight to Neutral, which may lead to a negative perception among investors and could potentially impact the stock price negatively in the short term.
Downgrades by major analysts like JP Morgan can influence market sentiment and often lead to a short-term decline in the stock's price as investors adjust their positions based on the new information.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100