RBC Capital analyst Sean Dodge downgraded Catalent to Sector Perform from Outperform with a price target of $63.50, up from $58, after Novo Holdings announced an agreement to acquire Catalent for $63.50 per share in cash. The analyst sees a high likelihood of a late-2024 closing.
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>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on CTLT: