Canaccord Genuity Maintains Buy on Passage Bio, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Whitney Ijem maintains a Buy rating on Passage Bio (NASDAQ:PASG) but lowers the price target from $14 to $13.

May 15, 2024 | 1:34 pm
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NEUTRAL IMPACT
Canaccord Genuity analyst Whitney Ijem maintains a Buy rating on Passage Bio but lowers the price target from $14 to $13.
The maintained Buy rating suggests continued confidence in Passage Bio's prospects, but the lowered price target indicates a slightly more conservative outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100