Piper Sandler analyst David Westenberg lowered the firm’s price target on Neogen (NEOG) to $13 from $16.50 and keeps a Neutral rating on the shares following the company’s earnings report. The firm notes that its change in price target primarily reflects its updated estimates and updated multiple.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NEOG: