William Blair Downgrades QuidelOrtho to Market Perform
Portfolio Pulse from Benzinga Newsdesk
William Blair analyst Andrew Brackmann downgraded QuidelOrtho (NASDAQ:QDEL) from Outperform to Market Perform, indicating a change in the firm's outlook on the company.
February 14, 2024 | 1:27 pm
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QuidelOrtho was downgraded by William Blair from Outperform to Market Perform, reflecting a more cautious view on the company's prospects.
Analyst ratings can significantly influence investor perception and stock price. A downgrade from 'Outperform' to 'Market Perform' suggests that the analyst sees fewer growth catalysts or higher risks ahead for QuidelOrtho, which could lead to a negative short-term impact on the stock price.
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