Lake Street Downgrades Inotiv to Hold, Lowers Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
Lake Street analyst Frank Takkinen has downgraded Inotiv (NASDAQ:NOTV) from Buy to Hold and lowered the price target from $10 to $2.
May 16, 2024 | 5:54 pm
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Lake Street analyst Frank Takkinen downgraded Inotiv from Buy to Hold and significantly lowered the price target from $10 to $2.
The downgrade from Buy to Hold and the drastic reduction in the price target from $10 to $2 by a reputable analyst is likely to negatively impact investor sentiment and the stock price of Inotiv in the short term.
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IMPORTANCE 80
RELEVANCE 100