HC Wainwright & Co. Reiterates Buy on Genmab, Maintains $51 Price Target
Portfolio Pulse from richadhand@benzinga.com
HC Wainwright & Co. analyst Raghuram Selvaraju has reiterated a 'Buy' rating on Genmab (NASDAQ:GMAB) and maintained a price target of $51.
August 04, 2023 | 3:07 pm
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POSITIVE IMPACT
Genmab's stock rating has been reiterated as 'Buy' by HC Wainwright & Co. with a maintained price target of $51.
The reiteration of a 'Buy' rating by a reputable analyst firm like HC Wainwright & Co. is a positive signal for investors. The maintained price target of $51 indicates that the firm believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100