MarketBeat Analyst action
Verastem (NASDAQ:VSTM) Stock Rating Lowered by Wall Street Zen
Wall Street Zen downgraded Verastem (NASDAQ:VSTM) from "hold" to "sell," despite the broader analyst consensus remaining a "Moderate Buy" with an average price target of $13.83. The biopharmaceutical company recently exceeded quarterly earnings expectations, reporting a loss of $0.35 per share against an estimated $0.43 and revenue of $40.08 million compared to $22.88 million expected. While institutional investors …