Cantor Fitzgerald Maintains Overweight on Neurocrine Biosciences, Lowers Price Target to $155
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Charles Duncan maintains an Overweight rating on Neurocrine Biosciences but lowers the price target from $170 to $155.
August 29, 2024 | 3:37 pm
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Cantor Fitzgerald's analyst Charles Duncan maintains an Overweight rating on Neurocrine Biosciences but reduces the price target from $170 to $155, indicating a more cautious outlook.
The reduction in the price target from $170 to $155 suggests a more cautious outlook on Neurocrine Biosciences' stock performance, which could lead to a short-term negative impact on the stock price. However, the maintained Overweight rating indicates continued confidence in the company's long-term potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100