Chardan Capital Reiterates Buy on Arbutus Biopharma, Maintains $6 Price Target
Portfolio Pulse from richadhand@benzinga.com
Chardan Capital analyst Keay Nakae has reiterated a Buy rating on Arbutus Biopharma (NASDAQ:ABUS) and maintained a $6 price target.

June 22, 2023 | 8:16 am
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Chardan Capital analyst Keay Nakae reiterated a Buy rating on Arbutus Biopharma (NASDAQ:ABUS) and maintained a $6 price target.
The reiteration of a Buy rating and maintenance of a $6 price target by Chardan Capital analyst Keay Nakae indicates a positive outlook for Arbutus Biopharma. This news is likely to have a positive short-term impact on the stock price, as it suggests that the analyst believes the company is undervalued and has potential for growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100