Wedbush Downgrades Blueprint Medicines (BPMC) to Neutral

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JPMorgan Downgrades Blueprint Medicines (BPMC) to Neutral

June 2, 2025 11:59 AM EDT

JPMorgan analyst Brian Cheng downgraded Blueprint Medicines (NASDAQ: BPMC) from Overweight to Neutral with a price target of $129.00 (from $130.00).

The analyst comments "Sanofi announced its decision to acquire Blueprint (BPMC) our Top Pick for 2025 this morning. The proposed transaction assigns a 27% premium... More