Citigroup Maintains Buy on PTC Therapeutics, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst David Lebovitz maintains a Buy rating on PTC Therapeutics (NASDAQ:PTCT) and raises the price target from $67 to $70.
May 18, 2023 | 10:18 am
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POSITIVE IMPACT
Citigroup analyst David Lebovitz maintains a Buy rating on PTC Therapeutics and raises the price target from $67 to $70.
The news of Citigroup maintaining a Buy rating on PTC Therapeutics and raising the price target from $67 to $70 is positive for the stock. This indicates that the analyst believes the stock has potential for further growth and is likely to perform well in the short term. The relevance and importance are high as the news directly pertains to PTC Therapeutics and its stock price. The confidence in the analysis is also high as it is based on the opinion of a reputable analyst from a well-known financial institution.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100