BeiGene shares are trading lower after B of A Securities maintained a Neutral rating on the stock and lowered its price target from $180 to $152.5
Portfolio Pulse from Benzinga Newsdesk
BeiGene shares are trading lower after B of A Securities maintained a Neutral rating on the stock and lowered its price target from $180 to $152.5.
July 15, 2024 | 2:26 pm
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NEGATIVE IMPACT
BeiGene shares are trading lower after B of A Securities maintained a Neutral rating on the stock and lowered its price target from $180 to $152.5.
The lowered price target from $180 to $152.5 by B of A Securities suggests a less optimistic outlook for BeiGene, which is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100