Citigroup Maintains Buy on Biomea Fusion, Raises Price Target to $90
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Yigal Nochomovitz maintains a Buy rating on Biomea Fusion (NASDAQ:BMEA) and raises the price target from $53 to $90.
June 26, 2023 | 1:57 pm
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POSITIVE IMPACT
Citigroup maintains a Buy rating on Biomea Fusion and raises the price target from $53 to $90.
Citigroup's raised price target on Biomea Fusion indicates a positive outlook for the stock. The Buy rating suggests that the analyst believes the stock will outperform the market in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100