Crinetics soars on $10B acquisition by Vertex
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Stifel Downgrades Crinetics (CRNX) to Hold
July 8, 2026 8:45 AM EDTStifel analyst Alex Thompson downgraded Crinetics (NASDAQ: CRNX) from Buy to Hold with a price target of $85.00 (from $83.00).
The analyst comments "We are downgrading CRNX to Hold from Buy and raising our target price to $85 from $83 following the proposed acquisition by VRTX (Hold, $522.25,... More
