J.P. Morgan Cuts Precigen Rating Due to Burn Rate Issues
Friday, 22 March 2024, 15:10
J.P. Morgan Downgrades Precigen to Underweight
J.P. Morgan has lowered its rating on Precigen (PGEN) to underweight, expressing concerns regarding the company's burn rate.
- Reason for Downgrade: The decrease is attributed to concerns over the company's burn rate and its ability to remain operational.
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