JP Morgan Maintains Overweight on Perrigo, Lowers Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Chris Schott maintains an Overweight rating on Perrigo (NYSE:PRGO) but lowers the price target from $48 to $41.
February 28, 2024 | 2:57 pm
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JP Morgan maintains an Overweight rating on Perrigo but lowers the price target from $48 to $41.
The reduction in price target by JP Morgan, despite maintaining an Overweight rating, could lead to a negative short-term sentiment among investors, potentially causing a decrease in Perrigo's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100