Leerink Partners Downgrades CureVac to Market Perform, Lowers Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
Leerink Partners analyst Mani Foroohar downgrades CureVac (NASDAQ:CVAC) from Outperform to Market Perform and lowers the price target from $12 to $4.

April 25, 2024 | 1:12 pm
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CureVac was downgraded by Leerink Partners from Outperform to Market Perform, with a significant reduction in price target from $12 to $4.
The downgrade by a notable analyst firm, Leerink Partners, from Outperform to Market Perform, coupled with a substantial decrease in the price target, is likely to negatively impact investor sentiment and the short-term stock price of CureVac. Such analyst actions often lead to immediate market reactions, as they may reflect changes in the company's outlook or market position.
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IMPORTANCE 90
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