Stifel Maintains Buy on Zentalis Pharma, Lowers Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Bradley Canino maintains a Buy rating on Zentalis Pharma (NASDAQ:ZNTL) but lowers the price target from $36 to $32.

May 08, 2024 | 1:33 pm
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NEUTRAL IMPACT
Stifel maintains a Buy rating on Zentalis Pharma but lowers the price target from $36 to $32.
While the reduction in price target could suggest a tempered outlook on Zentalis Pharma's short-term price potential, the maintenance of a Buy rating indicates continued confidence in the company's fundamentals. This mixed signal could lead to neutral short-term price movement as investors weigh the lowered price target against the reaffirmed positive rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100