JMP Securities Reiterates Market Outperform on Allakos, Maintains $10 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Jonathan Wolleben has reiterated a 'Market Outperform' rating on Allakos (NASDAQ:ALLK) and maintained a price target of $10.
November 28, 2023 | 5:26 pm
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POSITIVE IMPACT
JMP Securities analyst reaffirms a 'Market Outperform' rating on Allakos with a steady price target of $10.
The reiteration of a 'Market Outperform' rating and the maintenance of a price target by a reputable analyst like Jonathan Wolleben can instill confidence in investors and positively influence Allakos's stock price in the short term. The specific mention of the $10 price target suggests a significant upside potential from current trading levels, assuming the stock is trading below this target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100