JP Morgan Maintains Overweight on Zai Lab, Raises Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Anupam Rama has maintained an Overweight rating on Zai Lab (NASDAQ:ZLAB) and increased the price target from $64 to $66.
November 30, 2023 | 7:20 pm
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POSITIVE IMPACT
JP Morgan analyst Anupam Rama maintains an Overweight rating on Zai Lab and raises the price target from $64 to $66, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Anupam Rama from JP Morgan is a strong positive signal for investors, suggesting a bullish outlook on Zai Lab's stock. This could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100