HC Wainwright & Co. Maintains Buy on Genmab, Lowers Price Target to $49
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Raghuram Selvaraju maintains a 'Buy' rating on Genmab (NASDAQ:GMAB) but lowers the price target from $51 to $49.

November 08, 2023 | 1:17 pm
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NEUTRAL IMPACT
Despite a lowered price target, Genmab maintains a 'Buy' rating from HC Wainwright & Co.
The news is directly about Genmab. While the lowered price target might initially seem negative, the maintained 'Buy' rating indicates that the analyst still sees potential in the stock. This could lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100