Leerink Partners Initiates Coverage On Certara with Market Perform Rating, Announces Price Target of $19
Portfolio Pulse from Benzinga Newsdesk
Leerink Partners analyst Michael Cherny initiates coverage on Certara (NASDAQ:CERT) with a Market Perform rating and a price target of $19.
February 26, 2024 | 1:36 pm
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Leerink Partners initiated coverage on Certara with a Market Perform rating and a price target of $19.
The initiation of coverage by Leerink Partners with a Market Perform rating and a specific price target provides investors with a new professional analysis to consider. However, the 'Market Perform' rating suggests that the analyst believes CERT will perform in line with the market, which does not imply a strong bullish or bearish stance. Therefore, the short-term impact on the stock price might be neutral, as the market absorbs this new information and aligns it with existing expectations.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90