Baird Downgrades Catalent to Neutral, Maintains Price Target to $63.5
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Eric Coldwell has downgraded Catalent (NYSE:CTLT) from Outperform to Neutral, while maintaining the price target at $63.5.
September 24, 2024 | 10:41 am
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Baird analyst Eric Coldwell downgraded Catalent from Outperform to Neutral, maintaining the price target at $63.5. This suggests a more cautious outlook on the stock's performance.
The downgrade from Outperform to Neutral indicates a less optimistic view on Catalent's stock performance, which could lead to a short-term negative impact on the stock price. Maintaining the price target suggests that the analyst does not expect significant upside potential.
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IMPORTANCE 80
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