BMO Capital Maintains Outperform on Schrodinger, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Gary Nachman maintains an Outperform rating on Schrodinger (NASDAQ:SDGR) but lowers the price target from $30 to $25.
October 17, 2024 | 2:00 pm
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BMO Capital has maintained its Outperform rating on Schrodinger but has lowered the price target from $30 to $25, indicating a more cautious outlook.
The maintenance of an Outperform rating suggests continued confidence in Schrodinger's performance, but the lowered price target indicates a more cautious outlook, possibly due to market conditions or company-specific factors. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100