JP Morgan Maintains Overweight on Jazz Pharmaceuticals, Lowers Price Target to $170
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jessica Fye maintains an Overweight rating on Jazz Pharmaceuticals (NASDAQ:JAZZ) but lowers the price target from $180 to $170.

February 29, 2024 | 4:37 pm
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JP Morgan maintains an Overweight rating on Jazz Pharmaceuticals but lowers the price target from $180 to $170.
While the reduction in price target from $180 to $170 could suggest a tempered outlook on Jazz Pharmaceuticals' stock value, the maintenance of an Overweight rating by JP Morgan indicates continued confidence in the company's fundamentals. This mixed signal might lead to a neutral short-term impact on the stock price as investors weigh the lowered price target against the sustained positive rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100