Canaccord Genuity Maintains Buy on Rocket Pharmaceuticals, Lowers Price Target to $47
Portfolio Pulse from jenniferd'souza@benzinga.com
Canaccord Genuity analyst Whitney Ijem maintains a Buy rating on Rocket Pharmaceuticals (NASDAQ:RCKT) but lowers the price target from $49 to $47.
August 11, 2023 | 12:18 pm
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NEUTRAL IMPACT
Canaccord Genuity maintains a Buy rating on Rocket Pharmaceuticals but lowers the price target from $49 to $47.
The news is directly related to Rocket Pharmaceuticals. While the Buy rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock in the short term. However, the impact is likely to be neutral as the rating is still a Buy.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100