RBC Capital Reiterates Sector Perform on Morphic Holding, Maintains $57 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Gregory Renza has reiterated a Sector Perform rating on Morphic Holding (NASDAQ:MORF) and maintained a price target of $57.
July 26, 2024 | 1:38 pm
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NEUTRAL IMPACT
RBC Capital has reiterated a Sector Perform rating on Morphic Holding and maintained a price target of $57. This suggests that the analyst expects the stock to perform in line with the sector.
The reiteration of a Sector Perform rating and maintenance of the $57 price target indicates that RBC Capital does not foresee significant short-term changes in Morphic Holding's stock price. The stock is expected to perform in line with the sector, suggesting a neutral impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100