JMP Securities Maintains Outperform Rating for Prothena Corp: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
JMP Securities has maintained its Outperform rating for Prothena Corp (NASDAQ:PRTA) and increased its price target from $82.00 to $83.00. Prothena Corp's shares are currently trading down 5.89% at $62.61 per share. A move to $83.00 would represent a 32.57% increase from the current share price.
August 04, 2023 | 5:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
JMP Securities has maintained its Outperform rating for Prothena Corp and raised its price target. This could potentially lead to an increase in the stock's price if the market aligns with this outlook.
Analyst ratings often influence investor sentiment and can impact a stock's price. In this case, JMP Securities has maintained a positive outlook on Prothena Corp and raised its price target, which could lead to increased investor interest and a potential rise in the stock's price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100