Morgan Stanley Downgrades Centessa Pharmaceuticals: Here's What You Need To Know

Morgan Stanley downgraded its rating of Centessa Pharmaceuticals CNTA to Underweight with a price target of $5.00, changing its price target from $10.00 to $5.00.

Shares of Centessa Pharmaceuticals are trading down 0.23% over the last 24 hours, at $4.27 per share.

A move to $5.00 would account for a 17.1% increase from the current share price.

About Centessa Pharmaceuticals

Centessa Pharmaceuticals PLC is a pharmaceutical company. Its portfolio consists of preclinical to phase 3 uncorrelated programs spanning diseases with high unmet need across oncology, hematology, immunology, inflammation, neuroscience, and rare diseases. Some of its products include Vasopressin V2 Receptor Inhibitor (Lixivaptan), BMP9 Engineered Variant (MGX292), OX2R Agonist (Oral) among others.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.