Jefferies analyst Chris Howerton downgraded Applied Molecular Transport to Underperform from Hold with a price target of 40c, down from 80c, citing what the firm views as an unfavorable risk-reward given sector sentiment and capital risk.
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Read More on AMTI:
- BofA double downgrades Applied Molecular with upside catalysts removed
- Applied Molecular Transport downgraded to Underperform from Buy at BofA
- SVB cuts Applied Molecular Transport to Market Perform, lowers target to $2
- Applied Molecular downgraded to Market Perform from Outperform at SVB
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