RBC Capital Maintains Outperform on Legend Biotech, Raises Price Target to $83
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Leonid Timashev maintains an Outperform rating on Legend Biotech (NASDAQ:LEGN) and raises the price target from $74 to $83.
May 19, 2023 | 12:55 pm
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POSITIVE IMPACT
RBC Capital maintains Outperform rating on Legend Biotech and raises the price target from $74 to $83.
The news of RBC Capital maintaining an Outperform rating and raising the price target for Legend Biotech (LEGN) is positive for the stock. This indicates that the analyst believes the company's stock will outperform the market, and the increased price target suggests a higher potential upside. This is likely to have a positive short-term impact on LEGN's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100