JP Morgan Maintains Neutral on Generation Bio, Raises Price Target to $9
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Anupam Rama maintains a Neutral rating on Generation Bio (NASDAQ:GBIO) and raises the price target from $8 to $9.
August 16, 2023 | 1:02 pm
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JP Morgan maintains a Neutral rating on Generation Bio and raises the price target from $8 to $9.
The news is directly about Generation Bio. JP Morgan's decision to maintain a Neutral rating indicates that they do not expect significant changes in the stock's performance. However, the increase in the price target from $8 to $9 suggests a slightly positive outlook, which could potentially influence investors' decisions.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100