JMP Securities Maintains Market Outperform on Cue Biopharma, Lowers Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Reni Benjamin maintains a Market Outperform rating on Cue Biopharma (NASDAQ:CUE) but lowers the price target from $15 to $2.

July 26, 2024 | 6:12 pm
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JMP Securities has maintained its Market Outperform rating on Cue Biopharma but significantly lowered the price target from $15 to $2, indicating a more cautious outlook.
The significant reduction in the price target from $15 to $2 suggests a more cautious outlook on Cue Biopharma's future performance, which is likely to negatively impact the stock price in the short term despite the maintained Market Outperform rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100