Cantor Fitzgerald Reiterates Overweight on HUTCHMED (China), Maintains $50 Price Target
Portfolio Pulse from richadhand@benzinga.com
Cantor Fitzgerald analyst Louise Chen has reiterated an Overweight rating on HUTCHMED (China) (NASDAQ:HCM) and maintained a $50 price target.
July 24, 2023 | 1:53 pm
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Cantor Fitzgerald has reiterated an Overweight rating on HUTCHMED (China) (NASDAQ:HCM) and maintained a $50 price target.
The reiteration of an Overweight rating by Cantor Fitzgerald indicates a positive outlook for HUTCHMED (China) (NASDAQ:HCM). The maintained price target of $50 suggests that the analyst believes the stock has potential for growth. This could lead to increased investor interest and potentially a rise in the stock's price in the short term.
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