Stifel Maintains Buy on Vor Biopharma, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Stephen Willey maintains a Buy rating on Vor Biopharma (NASDAQ:VOR) but lowers the price target from $15 to $12.

March 21, 2024 | 1:39 pm
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Stifel maintains a Buy rating on Vor Biopharma but lowers the price target from $15 to $12.
While the reduction in price target from $15 to $12 by Stifel indicates a tempered expectation for Vor Biopharma's stock price performance, the maintenance of a Buy rating suggests continued confidence in the company's fundamentals and potential for growth. This mixed signal could lead to a neutral short-term impact on the stock price as investors weigh the lowered price target against the reaffirmed positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100