Morgan Stanley Downgrades Halozyme to Equalweight
The downgrade is a modest negative signal, though the target still implies upside from the posted price.
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The downgrade is a modest negative signal, though the target still implies upside from the posted price.
What happened, with direct paths to the underlying reporting
Morgan Stanley downgraded HALO to Equalweight. Its $109 target is about 6% above the posted price of $102.98, tempering the bearish implication of the downgrade.
Target: $109
Posted price: $102.98
Analyst firm: Morgan Stanley
Analyst: Sean Laaman
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