MarketBeat Analyst action
Relay Therapeutics (NASDAQ:RLAY) Rating Lowered to "Sell" at Wall Street Zen
Wall Street Zen has downgraded Relay Therapeutics (NASDAQ:RLAY) from a "Hold" to a "Sell" rating, despite the broader analyst consensus remaining a "Moderate Buy" with an average price target of $25.83. This downgrade follows the company's recent quarterly earnings report, where it missed both EPS and revenue estimates. Additionally, insider selling amounting to $7.23 million over the past …