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.
October 09, 2023 | 3:58 pm
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Zai Lab's stock rating has been reiterated as Overweight by Cantor Fitzgerald, with a maintained price target of $70.
The reiteration of an Overweight rating by Cantor Fitzgerald indicates a positive outlook for Zai Lab. The maintained price target of $70 suggests that the analyst believes the stock is still undervalued. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100