Needham Reiterates Buy on Merus, Maintains $42 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Ami Fadia has reiterated a Buy rating on Merus (NASDAQ:MRUS) and maintained a $42 price target for the company's stock.
December 04, 2023 | 11:42 am
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Needham analyst Ami Fadia reaffirmed a Buy rating on Merus with a price target of $42, indicating a positive outlook on the stock.
The reiteration of a Buy rating and the maintenance of a $42 price target by a reputable analyst like Ami Fadia from Needham could instill confidence in investors and positively influence Merus's stock price in the short term. Analyst ratings are known to impact stock prices as they provide market insights and investment guidance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100