RBC Capital Maintains Sector Perform on Vertex Pharmaceuticals, Raises Price Target to $348
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brian Abrahams has maintained a 'Sector Perform' rating on Vertex Pharmaceuticals (NASDAQ:VRTX) and raised the price target from $343 to $348.

September 29, 2023 | 11:29 am
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RBC Capital has maintained its 'Sector Perform' rating on Vertex Pharmaceuticals and raised the price target from $343 to $348.
The news is directly about Vertex Pharmaceuticals. The 'Sector Perform' rating suggests that the analyst expects the stock to perform in line with the sector average. The increase in price target could be seen as a positive signal, but it's a minor increase and the overall rating hasn't changed, so the impact on the stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100