Zentalis Pharmaceuticals (ZNTL) received an Equal Weight rating from Morgan Stanley, reducing their target price from $38 to $8.

Zentalis Pharmaceuticals (ZNTL) received an Equal Weight rating from Morgan Stanley, downgrading their previous target price from $38 to $8. Several research firms, including Wells Fargo, Stifel Nicolaus, and Wedbush, reduced their price objectives for ZNTL, with average ratings remaining a Hold at $11.33. Despite the downgrades, Q1 earnings of $0.14 per share surpassed the consensus estimate of ($0.77) by $0.91, and revenue of $40.56M exceeded the expected $35M.

June 22, 2024
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