Analyst Downgrades Grifols S.A. (GRFS) After Recent Short Seller Report – Hagens Berman
SAN FRANCISCO, Jan. 19, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Grifols, S.A. (NASDAQ: GRFS) investors who suffered substantial losses to submit your losses now .
- SAN FRANCISCO, Jan. 19, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Grifols, S.A. (NASDAQ: GRFS) investors who suffered substantial losses to submit your losses now .
- Securities analyst Juan Ros-Padilla of Oddo BHF recently issued a note to clients, downgrading Grifols shares to “underperform” and halving his price target to €9.
- “We see few incentives for the mainstream institutions to hold a controversial and highly levered stock,” Ros-Padilla reportedly said.
- The analyst downgrade comes in the wake of a scathing Jan. 9, 2024 short seller report attacking the company’s accounting and corporate governance that has sent Grifols’ shares reeling.