Where Merus Stands With Analysts
Portfolio Pulse from Benzinga Insights
In the last 3 months, 19 analysts have offered 12-month price targets for Merus (NASDAQ:MRUS), with an average price target of $41.0, a 6.49% increase from the previous average of $38.50. The company has received 16 bullish ratings, 3 somewhat bullish ratings, and no bearish ratings.
May 18, 2023 | 1:02 pm
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Merus has an increased average 12-month price target of $41.0, with 19 analysts offering bullish or somewhat bullish ratings in the last 3 months.
The increased average 12-month price target and the predominantly bullish ratings from analysts indicate a positive outlook for Merus in the short term. This is likely to result in an upward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100