Oppenheimer Reiterates Outperform on Galecto, Maintains $12 Price Target
Portfolio Pulse from richadhand@benzinga.com
Oppenheimer analyst Jay Olson has reiterated his 'Outperform' rating on Galecto (NASDAQ:GLTO), maintaining a price target of $12.
August 01, 2023 | 12:32 pm
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Oppenheimer analyst has reiterated an 'Outperform' rating on Galecto, with a maintained price target of $12.
The reiteration of an 'Outperform' rating by a reputable analyst like Jay Olson from Oppenheimer is a positive signal for Galecto. The maintained price target of $12 also indicates confidence in the company's performance, which could positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100