Needham Reiterates Buy on Revolution Medicines, Maintains $34 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Ami Fadia has reiterated a 'Buy' rating on Revolution Medicines (NASDAQ:RVMD) and maintained a price target of $34.
October 12, 2023 | 10:17 am
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Needham analyst has reiterated a 'Buy' rating on Revolution Medicines and maintained a price target of $34.
The reiteration of a 'Buy' rating by a reputable analyst like Ami Fadia from Needham is a positive signal for the stock. The maintained price target of $34 indicates that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100