Needham Reiterates Buy on Annexon, Maintains $24 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Joseph Stringer has reiterated a 'Buy' rating on Annexon (NASDAQ:ANNX) and maintained a price target of $24.
August 07, 2023 | 6:34 pm
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Needham analyst Joseph Stringer has reiterated a 'Buy' rating on Annexon and maintained a price target of $24. 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, coupled with a maintained price target, could potentially lead to increased investor interest and a short-term rise in the stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100