Stock Track | Moderna Pre-market Plunge of 5.1% Amid Analyst Price Target Cut

Stock Track

2025/03/06

Moderna, Inc. (MRNA) stock experienced a significant pre-market decline of 5.1% following an analyst price target revision. The pre-market plunge occurred on Thursday, March 6th, 2025.

According to reports, Berenberg analysts adjusted their price target for Moderna down to $30 from the previous target of $33. The analysts maintained their "Hold" rating on the stock, reflecting a cautious outlook.

The downward revision of the price target by Berenberg analysts appears to have contributed to the pre-market sell-off in Moderna's shares. Investors reacted negatively to the reduced price expectations, as reflected in the stock's 5.1% drop during the pre-market trading session.

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(MRNA) stock experienced a significant pre-market decline of 5.1% following an analyst price target revision. The pre-market plunge occurred on Thursday, March 6th, 2025.</p>\n\n<p>According to reports, Berenberg analysts adjusted their price target for Moderna down to $30 from the previous target of $33. The analysts maintained their \"Hold\" rating on the stock, reflecting a cautious outlook.</p>\n\n<p>The downward revision of the price target by Berenberg analysts appears to have contributed to the pre-market sell-off in Moderna's shares. 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