Needham Reiterates Buy on I-MAB, Maintains $24 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Gil Blum has reiterated a 'Buy' rating on I-MAB (NASDAQ:IMAB) and maintained a price target of $24.
August 18, 2023 | 8:17 am
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Needham analyst Gil Blum has reiterated a 'Buy' rating on I-MAB, maintaining a price target of $24.
The reiteration of a 'Buy' rating by a Needham analyst and the maintenance of a $24 price target indicates a positive outlook for I-MAB. This could potentially lead to an increase in investor confidence and a positive impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100