HSBC Downgrades Qiagen to Hold
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Shubhangi Gupta has downgraded Qiagen (NYSE:QGEN) from Buy to Hold.
October 17, 2024 | 10:22 am
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NEGATIVE IMPACT
HSBC analyst Shubhangi Gupta has downgraded Qiagen from Buy to Hold, indicating a less optimistic outlook on the stock.
The downgrade from Buy to Hold by a major financial institution like HSBC suggests a less favorable view on Qiagen's short-term prospects, which could lead to a negative impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100