Mizuho Initiates Coverage On Vaxcyte with Buy Rating, Announces Price Target of $69
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Salim Syed has initiated coverage on Vaxcyte (NASDAQ:PCVX) with a Buy rating and set a price target of $69. This new coverage could influence investor sentiment and potentially impact the stock's performance in the short term.
December 07, 2023 | 10:14 am
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Vaxcyte has been given a Buy rating by Mizuho analyst Salim Syed, with a price target of $69, which may positively impact the stock's short term performance.
Analyst ratings, especially from reputable firms like Mizuho, can significantly influence investor perception and stock prices. A Buy rating combined with a high price target suggests a strong bullish outlook for Vaxcyte, which could lead to increased investor interest and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100