Catalent cuts forecast, delays results again as challenges mount

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Go back to Catalent cuts forecast, delays results again as challenges mount

Catalent (CTLT) cut at JPMorgan on limited near-term visibility

May 22, 2023 12:11 PM EDT

Catalent (NYSE: CTLT) was cut to Neutral from Overweight with a $45 price target, down from $90 per share by JPMorgan analyst Julia Qin on Friday.

Qin told investors that operational fixes are in sight, but accounting questions loom, and they are downgrading the stock... More