A disappointing quarter combined with a set of analyst price target cuts — and even a recommendation downgrade — made Coherus BioSciences (NASDAQ: CHRS) a stock to avoid this week. As of mid-afternoon Friday, according to data compiled by S&P Global Market Intelligence, the healthcare company's share price had fallen by a steep 56% week to date. On Monday after market close, Coherus unveiled a set of third-quarter results that, despite a double-digit revenue increase, missed analyst estimates.
Read full NASCAR article on Yahoo Sports
Read all NASCAR articles