Catalent, Inc. Reports Third Quarter Fiscal 2023 Results

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Catalent (CTLT) cut at Jefferies as fundamentals 'no longer justify upside'

June 14, 2023 10:26 AM EDT

Catalent (NYSE: CTLT) was cut to Hold from Buy by Jefferies analyst David Windley, who also reduced the price target to $44 from $45 per share in a note Wednesday.

"We are lowering '24 EBITDAe for the 3rd time in a month. Mgt cut... More