Scotiabank Initiates Coverage On Biomea Fusion with Sector Outperform Rating, Announces Price Target of $41
Portfolio Pulse from richadhand@benzinga.com
Scotiabank analyst George Farmer has initiated coverage on Biomea Fusion (NASDAQ:BMEA) with a Sector Outperform rating and a price target of $41.
July 27, 2023 | 1:43 pm
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Scotiabank has initiated coverage on Biomea Fusion with a Sector Outperform rating and a price target of $41, which could positively impact the stock.
Analyst ratings and price targets can significantly influence a stock's performance. In this case, Scotiabank's Outperform rating and $41 price target for Biomea Fusion suggest a positive outlook for the company, which could lead to an increase in its stock price in the short term.
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IMPORTANCE 80
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