Jefferies Maintains Hold on Recursion Pharmaceuticals, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Dennis Ding has maintained a Hold rating on Recursion Pharmaceuticals (NASDAQ:RXRX) while lowering the price target from $8 to $6.
September 03, 2024 | 5:38 pm
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Jefferies analyst Dennis Ding has maintained a Hold rating on Recursion Pharmaceuticals while lowering the price target from $8 to $6.
The lowering of the price target from $8 to $6 by Jefferies suggests a less optimistic outlook on Recursion Pharmaceuticals' stock performance. This could lead to a negative short-term impact on the stock price as investors may adjust their expectations accordingly.
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