Cantor Fitzgerald Reiterates Overweight on Zai Lab, Maintains $70 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Louise Chen has reiterated an Overweight rating on Zai Lab (NASDAQ:ZLAB) and maintained a $70 price target.
September 18, 2023 | 3:59 pm
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Cantor Fitzgerald has reiterated an Overweight rating on Zai Lab and maintained a $70 price target, indicating a positive outlook for the company.
The reiteration of an Overweight rating by Cantor Fitzgerald indicates that they believe Zai Lab's stock will outperform the market in the near future. The maintained price target of $70 also suggests that they believe the stock is currently undervalued, which could lead to an increase in the stock's price.
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