Piper Sandler Maintains Neutral on Danimer Scientific, Lowers Price Target to $1
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Charles Neivert maintains a Neutral rating on Danimer Scientific (NYSE:DNMR) and lowers the price target from $1.25 to $1.

August 21, 2024 | 2:48 pm
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NEGATIVE IMPACT
Piper Sandler has maintained a Neutral rating on Danimer Scientific and reduced the price target from $1.25 to $1, indicating a cautious outlook.
The reduction in price target from $1.25 to $1 by Piper Sandler suggests a negative outlook on Danimer Scientific's stock performance. Maintaining a Neutral rating indicates that the analyst does not foresee significant positive catalysts in the near term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100