RBC Capital Maintains Outperform on Verastem, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Gregory Renza maintains an Outperform rating on Verastem (NASDAQ:VSTM) but lowers the price target from $16 to $13.

August 09, 2024 | 7:52 pm
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RBC Capital analyst Gregory Renza maintains an Outperform rating on Verastem but lowers the price target from $16 to $13.
The Outperform rating suggests continued confidence in Verastem's performance, but the lowered price target indicates a more cautious outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100