Analyst RecommendationThe analyst is lowering the price target to $20, indicating a less optimistic outlook for the stock's future performance.
Financial PerformanceCibus reported a net loss of approximately $202 million, primarily due to a significant goodwill impairment charge during the quarter.
RisksMultiple risks such as dilution risk, execution risk, regulatory risk, demand risk, technology risk, and competition risk, along with uncertainty related to macroeconomic conditions and the geopolitical environment, could negatively impact the stock.