Wedbush Reiterates Outperform on Gossamer Bio, Maintains $5 Price Target
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Andreas Argyrides has reiterated an Outperform rating on Gossamer Bio (NASDAQ:GOSS) and maintained a $5 price target.
August 11, 2023 | 2:40 pm
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Wedbush analyst maintains Outperform rating and $5 price target on Gossamer Bio.
The reiteration of an Outperform rating by a reputable analyst like Andreas Argyrides from Wedbush is a positive signal for Gossamer Bio. It suggests that the analyst believes the company's stock will outperform the market, which could lead to an increase in its stock price. The maintained price target of $5 also indicates that the analyst believes the stock is currently undervalued, which could attract more investors and potentially drive the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100