Canaccord Genuity Maintains Buy on Stoke Therapeutics, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Sumant Kulkarni maintains a Buy rating on Stoke Therapeutics (NASDAQ:STOK) but lowers the price target from $21 to $20.

May 07, 2024 | 2:19 pm
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Canaccord Genuity maintains a Buy rating on Stoke Therapeutics but lowers the price target from $21 to $20.
The adjustment in price target by Canaccord Genuity reflects a slight modification in their valuation assessment of Stoke Therapeutics, while the maintenance of a Buy rating indicates continued positive outlook on the company's prospects. This could lead to mixed reactions in the short term, as the market digests the lowered price target against the backdrop of an overall positive recommendation.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100