Mizuho Downgrades Athira Pharma to Neutral, Lowers Price Target to $0.5
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Graig Suvannavejh has downgraded Athira Pharma from Outperform to Neutral and significantly lowered the price target from $5 to $0.5.
September 19, 2024 | 10:52 am
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NEGATIVE IMPACT
Mizuho has downgraded Athira Pharma from Outperform to Neutral, reducing the price target from $5 to $0.5, indicating a negative outlook.
The downgrade from Outperform to Neutral and the drastic reduction in price target from $5 to $0.5 by Mizuho suggests a lack of confidence in Athira Pharma's near-term performance, likely leading to a negative impact on its stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100