Jefferies analyst Brian Balchin downgraded UCB to Hold from Buy with a price target of EUR 79, down from EUR 100. The analyst expects to see lower real world uptake for Bimzelx than previously anticipated in light of the suicidal ideation and behavior warning.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% 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 today’s best-performing stocks on TipRanks >>
Read More on UCBJF: