Cantor Fitzgerald Reiterates Overweight on I-MAB, Maintains $25 Price Target
Portfolio Pulse from richadhand@benzinga.com
Cantor Fitzgerald analyst Louise Chen has reiterated an Overweight rating on I-MAB (NASDAQ:IMAB) and maintained a $25 price target.
August 18, 2023 | 2:44 pm
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Cantor Fitzgerald has reiterated an Overweight rating on I-MAB and maintained a $25 price target, indicating a positive outlook for the company.
The reiteration of an Overweight rating by Cantor Fitzgerald indicates that the analyst believes I-MAB's stock will outperform the market in the future. The maintained price target of $25 also suggests that the analyst sees potential for the stock's price to increase. This is likely to have a positive impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100