Chardan Capital Upgrades Adverum Biotechnologies to Buy, Raises Price Target to $4
Portfolio Pulse from richadhand@benzinga.com
Chardan Capital analyst Daniil Gataulin has upgraded Adverum Biotechnologies (NASDAQ:ADVM) from Neutral to Buy and raised the price target from $2 to $4.

August 11, 2023 | 5:05 pm
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POSITIVE IMPACT
Adverum Biotechnologies has been upgraded from Neutral to Buy by Chardan Capital, with a price target increase from $2 to $4.
The upgrade from Neutral to Buy indicates a positive outlook for Adverum Biotechnologies. The increase in price target from $2 to $4 suggests that the analyst believes the stock has significant upside potential. This could lead to increased investor interest and a potential rise in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100