Baird Downgrades Charles River to Neutral, Lowers Price Target to $191
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Eric Coldwell has downgraded Charles River (NYSE:CRL) from Outperform to Neutral and lowered the price target from $239 to $191.
August 08, 2024 | 9:23 am
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NEGATIVE IMPACT
Baird analyst Eric Coldwell downgraded Charles River from Outperform to Neutral and reduced the price target from $239 to $191.
The downgrade from Outperform to Neutral and the significant reduction in the price target from $239 to $191 by a reputable analyst is likely to negatively impact investor sentiment and the stock price of Charles River in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100