MarketBeat Analyst action
Nkarta (NASDAQ:NKTX) Stock Rating Lowered by Wall Street Zen
Wall Street Zen has downgraded Nkarta (NASDAQ:NKTX) from a "sell" to a "strong sell" rating, despite a broader analyst consensus of "Moderate Buy" with an $11.20 target. Nkarta's shares opened at $2.33, near its 1-year low, and the company reported a quarterly loss of $0.54 per share, worse than estimates. Institutional investors hold a significant portion of the …