Repligen shares are trading higher after Deutsche Bank upgraded the stock from Hold to Buy but cut its price target from $180 to $155.
Portfolio Pulse from Benzinga Newsdesk
Repligen shares are trading higher after Deutsche Bank upgraded the stock from Hold to Buy but cut its price target from $180 to $155.
June 26, 2024 | 1:33 pm
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POSITIVE IMPACT
Repligen shares are trading higher following an upgrade from Deutsche Bank, which moved the stock from Hold to Buy. However, the price target was reduced from $180 to $155.
The upgrade from Hold to Buy is a positive signal for investors, indicating increased confidence in the stock's performance. Although the price target was lowered, the overall sentiment is positive, leading to a rise in share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100