Cantor Fitzgerald Maintains Overweight on 89bio, Lowers Price Target to $39
Portfolio Pulse from jenniferd'souza@benzinga.com
Cantor Fitzgerald analyst Kristen Kluska has maintained an Overweight rating on 89bio (NASDAQ:ETNB) but lowered the price target from $41 to $39.
August 10, 2023 | 3:36 pm
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Cantor Fitzgerald has maintained an Overweight rating on 89bio but lowered the price target from $41 to $39.
The news is directly about 89bio and its rating by Cantor Fitzgerald. The lowering of the price target might indicate a slightly less optimistic outlook, but the maintained Overweight rating suggests that the analyst still sees the stock as a good investment. This could have a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100