Wells Fargo Maintains Equal-Weight on Blueprint Medicines, Raises Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Derek Archila maintains an Equal-Weight rating on Blueprint Medicines (NASDAQ:BPMC) and raises the price target from $47 to $48.
May 23, 2023 | 11:35 am
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Wells Fargo maintains an Equal-Weight rating on Blueprint Medicines and raises the price target from $47 to $48.
The news directly mentions Blueprint Medicines (BPMC) and the updated price target by Wells Fargo. The Equal-Weight rating suggests that the stock is expected to perform in line with the market, and the slight increase in the price target may not have a significant short-term impact on the stock price. However, the news is important for investors to be aware of the updated target and analyst's opinion.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100