EF Hutton Reiterates Buy on Biomea Fusion, Maintains $43 Price Target
Portfolio Pulse from richadhand@benzinga.com
EF Hutton analyst Tony Butler has reiterated a 'Buy' rating on Biomea Fusion (NASDAQ:BMEA) and maintained a price target of $43.
July 25, 2023 | 8:16 am
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EF Hutton has reiterated a 'Buy' rating on Biomea Fusion and maintained a price target of $43.
The reiteration of a 'Buy' rating by EF Hutton, a well-known financial analyst, indicates a positive outlook for Biomea Fusion. The maintained price target of $43 suggests that the analyst believes the stock is undervalued at current prices, which could lead to upward price movement in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100