JMP Securities Initiates Coverage On Allakos with Market Outperform Rating, Announces Price Target of $11
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Jonathan Wolleben has initiated coverage on Allakos (NASDAQ:ALLK) with a Market Outperform rating and a price target of $11.
September 27, 2023 | 9:09 am
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POSITIVE IMPACT
Allakos has been given a Market Outperform rating and a price target of $11 by JMP Securities.
The initiation of coverage by JMP Securities with a Market Outperform rating and a price target of $11 indicates a positive outlook for Allakos. This could potentially attract more investors, leading to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100