JMP Securities Reiterates Market Outperform on Allogene Therapeutics, Maintains $15 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Reni Benjamin reiterated a Market Outperform rating on Allogene Therapeutics (NASDAQ:ALLO) and maintained a $15 price target.

June 05, 2023 | 12:01 pm
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JMP Securities analyst Reni Benjamin reiterated a Market Outperform rating on Allogene Therapeutics (NASDAQ:ALLO) and maintained a $15 price target.
The news of JMP Securities reiterating a Market Outperform rating and maintaining a $15 price target on Allogene Therapeutics is positive for the company's stock. This reaffirms the analyst's confidence in the company's performance and potential growth, which could lead to an increase in investor interest and a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100