Goldman Sachs analyst Matthew Sykes downgraded Nautilus Biotechnology (NAUT) to Sell from Neutral with a $1.75 price target which represents 21% downside to the current stock price. The firm believes the market for discovery proteomics has become more competitive with innovation from mass spec players, as Nautilus’ instrument launch timeline has been pushed out over time.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NAUT: