Barclays Downgrades Exscientia to Equal-Weight, Announces $5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Peter Lawson has downgraded Exscientia (NASDAQ:EXAI) from Overweight to Equal-Weight and set a price target of $5.

August 13, 2024 | 5:34 pm
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Barclays analyst Peter Lawson downgraded Exscientia from Overweight to Equal-Weight and set a price target of $5.
The downgrade from Overweight to Equal-Weight by a major analyst like Peter Lawson at Barclays is likely to negatively impact investor sentiment and the stock price in the short term. The new price target of $5 suggests a lower valuation.
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