Citigroup Maintains Buy on Ascendis Pharma, Lowers Price Target to $178
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst David Lebowitz maintains a Buy rating on Ascendis Pharma but lowers the price target from $193 to $178.

September 05, 2024 | 12:09 am
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Citigroup's analyst David Lebowitz maintains a Buy rating on Ascendis Pharma but reduces the price target from $193 to $178, 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