Needham Initiates Coverage On Immuneering with Buy Rating, Announces Price Target of $20
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Ami Fadia has initiated coverage on Immuneering Corporation (NASDAQ:IMRX) with a Buy rating and set a price target of $20.
December 01, 2023 | 11:55 am
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Needham has initiated coverage on Immuneering with a Buy rating and a price target of $20, which could positively influence the stock's performance.
Analyst ratings, especially from reputable firms like Needham, can significantly impact a stock's short-term performance. A Buy rating suggests a positive outlook, and a price target of $20 indicates substantial upside potential from the current trading price. This can lead to increased investor interest and a potential rise in stock price.
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