Stifel Maintains Buy on Zentalis Pharma, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Bradley Canino maintains a Buy rating on Zentalis Pharma (NASDAQ:ZNTL) but lowers the price target from $32 to $10.
June 18, 2024 | 5:35 pm
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Stifel analyst Bradley Canino maintains a Buy rating on Zentalis Pharma but significantly lowers the price target from $32 to $10.
The significant reduction in the price target from $32 to $10 suggests a negative outlook on Zentalis Pharma's near-term performance despite the maintained Buy rating. This could lead to a short-term decline in the stock price as investors react to the lowered expectations.
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IMPORTANCE 80
RELEVANCE 100