HC Wainwright & Co. Reiterates Buy on Genmab, Maintains $49 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Raghuram Selvaraju has reiterated a Buy rating on Genmab (NASDAQ:GMAB) and maintained a $49 price target for the company's stock.

November 28, 2023 | 12:06 pm
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HC Wainwright & Co. analyst Raghuram Selvaraju maintains a Buy rating and a $49 price target on Genmab.
The reiteration of a Buy rating and maintenance of a price target by a reputable analyst typically instills confidence in investors and can lead to a positive short term impact on the stock price. The specific mention of Genmab and the reaffirmation of the price target suggest a strong endorsement of the company's stock, which could influence investor sentiment and stock performance in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100