Jefferies lowers Metagenomi stock price target to $9 from $21 on pipeline timing
NegativeFinancial Markets

- Jefferies has lowered the stock price target for Metagenomi from $21 to $9 due to concerns regarding the timing of the company's pipeline developments. This significant reduction indicates a shift in market sentiment and raises questions about Metagenomi's ability to deliver on its projected timelines.
- The lowered price target suggests that investors may need to reassess their expectations for Metagenomi's growth and profitability. Delays in the pipeline could hinder the company's competitive position and impact investor confidence, potentially leading to further stock price volatility.
— via World Pulse Now AI Editorial System





