HC Wainwright & Co. Reiterates Buy on Genmab, Maintains $51 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Raghuram Selvaraju has reiterated a 'Buy' rating on Genmab (NASDAQ:GMAB) and maintained a $51 price target.
September 05, 2023 | 10:13 am
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POSITIVE IMPACT
Genmab's stock rating has been reiterated as 'Buy' by HC Wainwright & Co. with a maintained price target of $51.
The reiteration of a 'Buy' rating by a reputable analyst firm like HC Wainwright & Co. is a positive signal for investors. The maintained price target of $51 indicates the firm's continued confidence in the stock's potential, which could lead to increased investor interest and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100