HC Wainwright & Co. Reiterates Buy on Blueprint Medicines, Maintains $85 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Andrew Fein has reiterated a Buy rating on Blueprint Medicines (NASDAQ:BPMC) and maintained the price target of $85. This reaffirmation of the company's stock rating and price target suggests continued confidence in Blueprint Medicines' prospects.
December 11, 2023 | 11:28 am
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Blueprint Medicines has been given a reiterated Buy rating and an $85 price target by HC Wainwright & Co. analyst Andrew Fein, indicating a positive outlook on the stock.
The reiteration of a Buy rating and maintenance of the price target typically signal analyst confidence in the company's future performance. This can positively influence investor sentiment and potentially lead to a short-term increase in the stock price, as it suggests that the company is on track to meet or exceed market expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100