BMO Capital Maintains Outperform on BioNTech, Lowers Price Target to $122
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Etzer Darout maintains an Outperform rating on BioNTech (NASDAQ:BNTX) but lowers the price target from $123 to $122.
May 07, 2024 | 3:35 pm
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BMO Capital maintains an Outperform rating on BioNTech but lowers the price target from $123 to $122.
The adjustment in price target by BMO Capital is minor, suggesting a continued positive outlook on BioNTech's performance but with a slight recalibration of expectations. This could lead to a neutral short-term impact on the stock as the market absorbs the minor adjustment in valuation expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100