Prothena Reports Third Quarter 2022 Financial Results and Business Highlights

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RBC Capital Downgrades Prothena Corp (PRTA) to Sector Perform

November 4, 2022 5:16 AM EDT

RBC Capital analyst Kennen MacKay downgraded Prothena Corp (NASDAQ: PRTA) from Outperform to Sector Perform with a price target of $55.00 (from $52.00).

The analyst comments "PRTA shares have appreciated 98% since mid-year and we think the stock is now fairly valued. Our near-term... More