JPMorgan Chase Lowers Expectations for BridgeBio Oncology Therapeutics Stock Price
JPMorgan Chase & Co. has lowered its expectations for BridgeBio Oncology Therapeutics (NASDAQ:BBOT) stock price, reducing its target from $27.00 to $25.00 in a research note issued to investors on Friday.
The brokerage currently maintains an 'overweight' rating on the stock, indicating a potential upside of 172.12% from the company's current price.
This is not the first time analysts have weighed in on BridgeBio Oncology Therapeutics. Oppenheimer initiated coverage with an 'outperform' rating and a $22.00 price target, while UBS Group downgraded shares to an 'overweight' rating.