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Why Vanda's Stock Is Trading Lower Today

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Vanda Pharmaceuticals (NASDAQ: VNDA) shares are trading lower on Tuesday, after Citigroup downgraded the stock from Buy to Neutral and announced a price target of $14 per share.

Vanda is a biopharmaceutical company which is engaged in the development and commercialization of therapies to address high unmet medical needs and improves the lives of patients. Its product portfolio includes HETLIOZ, Fanapt, Tradipitant (VLY-686), VTR-297, and VQW-765.

Vanda shares are trading down 6.10% at $10.93 at time of publication on Tuesday. The stock has a 52-week high of $17.85 and a 52-week low of $7.12.

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Latest Ratings for VNDA

DateFirmActionFromTo
Jun 2020CitigroupDowngradesBuyNeutral
Mar 2020CitigroupUpgradesNeutralBuy
Feb 2020StifelMaintainsHold

View More Analyst Ratings for VNDA
View the Latest Analyst Ratings

 

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Posted-In: why it's movingDowngrades Analyst Ratings

Latest Ratings

StockFirmActionPT
ZTSTruist SecuritiesMaintains160.0
WLKTruist SecuritiesMaintains60.0
UNVRTruist SecuritiesMaintains21.0
TRIPTruist SecuritiesMaintains25.0
TTDTruist SecuritiesMaintains450.0
View the Latest Analytics Ratings
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