Reported 1 day ago
KeyBanc has downgraded Simulations Plus, Inc. (NASDAQ:SLP) stock to 'Sector Weight' from 'Overweight' due to ongoing challenges in the biopharma market that disproportionately affect the company. Despite a 10% revenue increase in Q3 2025, analysts expect weaker customer demand to persist. The firm is concerned about customer concentration in biotech and recent acquisition strategies, while acknowledging the company's potential growth in software for pharmaceutical research.
Source: YAHOO