Citigroup Maintains Buy on Schrodinger, Lowers Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst David Lebowitz maintains a Buy rating on Schrodinger (NASDAQ:SDGR) but lowers the price target from $39 to $37.

May 02, 2024 | 8:06 pm
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NEUTRAL IMPACT
Citigroup maintains a Buy rating on Schrodinger but lowers the price target from $39 to $37.
The adjustment in price target by Citigroup, while maintaining a Buy rating, suggests a positive outlook on Schrodinger's fundamentals but with a slightly moderated growth expectation. This could lead to a neutral short-term impact on the stock as the market digests the revised target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100