Goldman Sachs Upgrades Geron to Buy, Announces $4 Price Target
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Corinne Jenkins has upgraded Geron (NASDAQ:GERN) from Neutral to Buy and announced a $4 price target.

September 12, 2023 | 9:28 am
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POSITIVE IMPACT
Goldman Sachs has upgraded Geron from Neutral to Buy and set a $4 price target. This could potentially increase investor confidence and drive the stock price up in the short term.
Analyst upgrades typically have a positive impact on a company's stock as they signal increased confidence in the company's performance. The upgrade from Neutral to Buy by Goldman Sachs, a reputable financial institution, is likely to increase investor confidence in Geron, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100