JP Morgan Downgrades CS Disco to Underweight, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Essex has downgraded CS Disco (NYSE:LAW) from Neutral to Underweight and lowered the price target from $8 to $5.
July 02, 2024 | 12:25 pm
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JP Morgan analyst Brian Essex downgraded CS Disco from Neutral to Underweight and reduced the price target from $8 to $5, indicating a negative outlook on the stock.
The downgrade from Neutral to Underweight and the significant reduction in the price target from $8 to $5 by a major financial institution like JP Morgan is likely to negatively impact investor sentiment and the stock price of CS Disco in the short term.
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