Craig-Hallum Maintains Buy on Inotiv, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Matt Hewitt maintains a Buy rating on Inotiv (NASDAQ:NOTV) but lowers the price target from $25 to $10.
May 16, 2024 | 3:38 pm
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Craig-Hallum analyst Matt Hewitt maintains a Buy rating on Inotiv but significantly lowers the price target from $25 to $10.
The significant reduction in the price target from $25 to $10 suggests a more cautious outlook on Inotiv's future performance, which could negatively impact investor sentiment and short-term stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100