Zentalis Pharmaceuticals (NASDAQ:ZNTL) Lowered to "Neutral" at UBS Group

Market Beat
2024.06.20 12:14
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Zentalis Pharmaceuticals (NASDAQ:ZNTL) has been downgraded from a "buy" rating to a "neutral" rating by UBS Group. The price objective for the company has also been decreased from $28.00 to $5.00. Other analysts have also issued downgrades and lowered price targets for the company. The stock opened at $4.14 on Thursday and has a consensus rating of "Hold" with a consensus price target of $11.33. Zentalis Pharmaceuticals reported better-than-expected earnings results for the quarter, but its stock has been on a decline.