Jefferies Downgrades Calliditas and Reduces Target Price

Tuesday, 28 May 2024, 14:48

The latest report from Jefferies has downgraded Calliditas to a hold rating and has lowered the target price from $58 to $39. This downgrade could impact investor sentiment and potentially affect the stock performance in the short term. Investors should closely monitor how the market reacts to this news and consider adjusting their investment strategies accordingly.
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Jefferies Downgrades Calliditas and Reduces Target Price

Jefferies Downgrades Calliditas to Hold, Lowers Target Price

The recent announcement from Jefferies revealed a notable shift in their evaluation of Calliditas. The target price for the company's stock has been significantly reduced from $58 to $39, a substantial adjustment that could affect investor decisions. Jefferies has made the decision to downgrade Calliditas, shifting the recommendation to a hold status, marking a significant change in their perspective.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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