Cantor Fitzgerald Initiates Coverage On Acumen Pharmaceuticals with Overweight Rating, Announces Price Target of $13
Portfolio Pulse from richadhand@benzinga.com
Cantor Fitzgerald analyst Pete Stavropoulos initiates coverage on Acumen Pharmaceuticals (NASDAQ:ABOS) with an Overweight rating and a price target of $13.
May 18, 2023 | 12:52 pm
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Cantor Fitzgerald initiates coverage on Acumen Pharmaceuticals with an Overweight rating and a price target of $13.
The initiation of coverage by Cantor Fitzgerald with an Overweight rating and a price target of $13 indicates a positive outlook for Acumen Pharmaceuticals. This news is likely to have a positive short-term impact on the stock price as it suggests that the analyst believes the stock is undervalued and has potential for growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100