Citigroup Downgrades Hologic to Neutral, Lowers Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Citigroup has downgraded Hologic from Buy to Neutral and reduced its price target from $95 to $85.

October 01, 2024 | 1:31 pm
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NEGATIVE IMPACT
Citigroup analyst Patrick Donnelly downgraded Hologic from Buy to Neutral and reduced the price target from $95 to $85.
The downgrade from Buy to Neutral by Citigroup suggests a less optimistic outlook for Hologic, which could lead to a negative short-term impact on its stock price. The lowered price target from $95 to $85 indicates reduced expectations for the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100