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JMP Securities Downgrades Syros Pharmaceuticals (SYRS) to Market Perform

August 10, 2017 5:01 AM EDT
Get Alerts SYRS Hot Sheet
Price: $0.12 --0%

Rating Summary:
    4 Buy, 5 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 12 | Down: 19 | New: 8
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JMP Securities downgraded Syros Pharmaceuticals (NASDAQ: SYRS) from Market Outperform to Market Perform.

Analyst Michael King Jr. cites the valuation for his downgrade noting the stock is trading above his $22.00 price target. The analyst comments that over the LT investors "will be amply rewarded" for retaining faith in the company's technology platform and management team.

For an analyst ratings summary and ratings history on Syros Pharmaceuticals click here. For more ratings news on Syros Pharmaceuticals click here.

Shares of Syros Pharmaceuticals closed at $22.84 yesterday.



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