Needham Reiterates Buy on Geron, Maintains $4 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Gil Blum has reiterated a 'Buy' rating on Geron (NASDAQ:GERN) and maintained a $4 price target.
August 04, 2023 | 3:01 pm
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Needham analyst Gil Blum has reiterated a 'Buy' rating on Geron, maintaining a $4 price target. This could potentially boost investor confidence in the stock.
Analyst ratings often influence investor sentiment. A reiterated 'Buy' rating indicates that the analyst continues to have confidence in the company's prospects. This could potentially lead to increased demand for the stock, pushing the price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100