Jefferies Downgrades Danimer Scientific to Hold, Lowers Price Target to $0.8
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Laurence Alexander has downgraded Danimer Scientific (NYSE:DNMR) from Buy to Hold and lowered the price target from $1.3 to $0.8.
May 22, 2024 | 11:49 am
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Jefferies analyst Laurence Alexander downgraded Danimer Scientific from Buy to Hold and reduced the price target from $1.3 to $0.8.
The downgrade from Buy to Hold and the significant reduction in the price target from $1.3 to $0.8 by a reputable analyst is likely to negatively impact investor sentiment and the stock price of Danimer Scientific in the short term.
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