JP Morgan Maintains Overweight on Nuvalent, Raises Price Target to $48
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Anupam Rama maintains an Overweight rating on Nuvalent (NASDAQ:NUVL) and raises the price target from $37 to $48.
June 23, 2023 | 2:19 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
JP Morgan maintains an Overweight rating on Nuvalent (NASDAQ:NUVL) and raises the price target from $37 to $48.
The raised price target by JP Morgan analyst Anupam Rama indicates a positive outlook for Nuvalent's stock price in the short term. The Overweight rating suggests that the stock is expected to outperform the market, which could lead to an increase in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100