Tourmaline Bio (TRML) Plunges 7.37% After Truist Cuts Price Target

Generated by AI AgentAinvest Movers Radar
Thursday, Apr 10, 2025 6:28 pm ET1min read
TRML--

Tourmaline Bio (TRML) shares fell 3.01% today, reaching their lowest level since October 2023, with an intraday decline of 7.37%.

One of the primary factors influencing the stock price of Tourmaline BioTRML-- (TRML) is the recent adjustment of its price target by Truist. Truist lowered the price target from $74 to $63 while maintaining a Buy rating on the shares. This adjustment could influence investor perception and trading behavior, potentially impacting the stock price.

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