Citigroup Maintains Buy on BeiGene, Lowers Price Target to $285
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Yigal Nochomovitz has maintained a 'Buy' rating on BeiGene (NASDAQ:BGNE) but lowered the price target from $290 to $285.
October 26, 2023 | 2:33 pm
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Citigroup has maintained a 'Buy' rating on BeiGene but lowered the price target from $290 to $285.
The news is directly about BeiGene and is likely to impact its stock. While the 'Buy' rating is maintained, the lowering of the price target might create a mixed sentiment among investors, potentially leading to short-term volatility in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100