Needham Reiterates Buy on Nkarta, Maintains $15 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Gil Blum has reiterated a 'Buy' rating on Nkarta (NASDAQ:NKTX) and maintained a price target of $15.

October 18, 2023 | 10:48 am
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POSITIVE IMPACT
Nkarta's stock rating has been reiterated as 'Buy' by Needham analyst Gil Blum, with a maintained price target of $15.
The reiteration of a 'Buy' rating by a reputable analyst like Gil Blum from Needham is a positive signal for investors. The maintained price target of $15 also indicates that the analyst believes the stock is undervalued at current levels, which could lead to increased buying pressure and a potential increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100