JP Morgan Maintains Overweight on Scholar Rock Holding, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tessa Romero maintains an Overweight rating on Scholar Rock Holding (NASDAQ:SRRK) but lowers the price target from $20 to $18.
October 03, 2024 | 4:07 pm
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JP Morgan's analyst Tessa Romero continues to see potential in Scholar Rock Holding by maintaining an Overweight rating, but the price target is adjusted downwards from $20 to $18, indicating a slightly less optimistic outlook.
The Overweight rating suggests continued confidence in SRRK's potential, but the lowered price target reflects a tempered outlook. This mixed signal may result in a neutral short-term impact on the stock price as investors digest the implications.
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IMPORTANCE 80
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