Guggenheim Maintains Buy on Merus, Raises Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Charles Zhu maintains a Buy rating on Merus (NASDAQ:MRUS) and raises the price target from $46 to $48.

August 08, 2023 | 4:51 pm
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POSITIVE IMPACT
Guggenheim analyst maintains a Buy rating on Merus and raises the price target from $46 to $48.
The news of Guggenheim maintaining a Buy rating on Merus and raising the price target is likely to have a positive impact on the stock in the short term. This is because it signals the analyst's confidence in the company's future performance, which could encourage more investors to buy the stock, potentially driving up its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100