B of A Securities Initiates Coverage On Roivant Sciences with Neutral Rating, Announces Price Target of $10.5
Portfolio Pulse from richadhand@benzinga.com
B of A Securities analyst Chi Fong initiates coverage on Roivant Sciences (NASDAQ:ROIV) with a Neutral rating and a price target of $10.5.
June 08, 2023 | 12:44 pm
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NEUTRAL IMPACT
Roivant Sciences (NASDAQ:ROIV) receives a Neutral rating and a price target of $10.5 from B of A Securities analyst Chi Fong.
The initiation of coverage by B of A Securities with a Neutral rating and a price target of $10.5 for Roivant Sciences indicates that the analyst sees the stock as fairly valued. This news is directly related to ROIV and is important for investors, but the Neutral rating suggests that the stock price is not expected to move significantly in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100