MarketBeat Analyst action
Connect Biopharma (NASDAQ:CNTB) Upgraded by Wall Street Zen to Hold Rating
Wall Street Zen has upgraded Connect Biopharma (NASDAQ:CNTB) from a "sell" to a "hold" rating, though the broader analyst consensus remains a "Moderate Buy" with an average price target of $7.43. The company recently reported a quarterly loss of $0.27 per share, outperforming expectations, with $2.75 million in revenue. Insider ownership stands at 22.6%, institutional ownership at 58.72%, …