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flag Bank of America downgrades Bluebird bio's stock to "Neutral," reflecting the biotech's financial struggles.

flag Bank of America downgraded Bluebird bio's stock from "Buy" to "Neutral," lowering the target price to $0.50. flag The biotech company, which develops gene therapies for severe genetic diseases, has seen mixed ratings from analysts. flag Despite recent downgrades, some like Barclays still rate it "Overweight." flag Bluebird bio's stock fell to $0.32, reflecting negative financial metrics like a 567.29% negative net margin. flag Institutional investors have increased their stakes in the company.

5 months ago
6 Articles