Canaccord Genuity Maintains Buy on Seres Therapeutics, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst John Newman maintains a Buy rating on Seres Therapeutics (NASDAQ:MCRB) but lowers the price target from $15 to $10.

June 07, 2024 | 12:49 pm
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Canaccord Genuity analyst John Newman maintains a Buy rating on Seres Therapeutics but lowers the price target from $15 to $10.
The maintained Buy rating suggests continued confidence in Seres Therapeutics' long-term prospects. However, the lowered price target indicates a more cautious short-term outlook, likely due to recent performance or market conditions.
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