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Jefferies Downgrades PTC Therapeutics (PTCT) to 'Hold' with Price Target Adjustment | PTCT Stock News
Jefferies has downgraded PTC Therapeutics (PTCT) from a ‘Buy’ to a ‘Hold’ rating, lowering its price target from $91.00 to $76.00. This adjustment reflects a 16.48% decrease and follows a series of recent analyst actions with varying ratings and price targets. Despite the downgrade, the average one-year price target from 15 analysts is $86.07, suggesting a potential upside of 31.12% from the current price, though GuruFocus’ GF Value estimates a 45.73% downside.