Jefferies Downgrades Agenus to Hold, Raises Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Biren Amin has downgraded Agenus (NASDAQ:AGEN) from Buy to Hold while raising the price target from $3 to $7.
July 19, 2024 | 9:16 pm
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Jefferies analyst Biren Amin downgraded Agenus from Buy to Hold, but raised the price target from $3 to $7.
The downgrade from Buy to Hold suggests a more cautious outlook on the stock, which could lead to a neutral short-term impact. However, the raised price target to $7 indicates some underlying positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100