Deutsche Bank Initiates Coverage On Karuna Therapeutics with Buy Rating, Announces Price Target of $227
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Neena Bitritto-Garg has initiated coverage on Karuna Therapeutics (NASDAQ:KRTX) with a Buy rating and set a price target of $227 for the company's stock.

December 12, 2023 | 10:13 am
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Karuna Therapeutics receives a Buy rating from Deutsche Bank with a price target of $227, indicating a positive outlook for the stock.
Analyst ratings, especially from major banks like Deutsche Bank, can significantly influence investor sentiment and stock prices. A Buy rating combined with a high price target suggests that the analyst sees strong fundamentals or potential in Karuna Therapeutics, which could lead to increased investor interest and a rise in the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100