TD Cowen Maintains Buy on Ascendis Pharma, Lowers Price Target to $157
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Yaron Werber maintains a Buy rating on Ascendis Pharma (NASDAQ:ASND) but lowers the price target from $175 to $157.
September 04, 2024 | 5:18 pm
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TD Cowen's analyst Yaron Werber maintains a Buy rating on Ascendis Pharma but reduces the price target from $175 to $157, indicating a slightly less optimistic outlook.
The maintained Buy rating suggests continued confidence in Ascendis Pharma's potential, but the lowered price target reflects a tempered outlook, possibly due to market conditions or company performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100