Oppenheimer Reiterates Outperform on Zura Bio, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Jeff Jones has reiterated an Outperform rating on Zura Bio (NASDAQ:ZURA) but has lowered the price target from $17 to $16.

April 01, 2024 | 1:33 pm
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Oppenheimer has maintained its Outperform rating on Zura Bio but reduced the price target from $17 to $16.
While the reiteration of an Outperform rating suggests continued confidence in Zura Bio's potential, the reduction in the price target might reflect adjustments in valuation metrics or market conditions. This mixed signal could lead to neutral short-term price movement as investors digest both the continued endorsement and the tempered valuation expectation.
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