TD Cowen Maintains Outperform on Natera, Raises Price Target to $87
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Dan Brennan has reaffirmed an Outperform rating on Natera (NASDAQ:NTRA) and increased the price target from $82 to $87, indicating a positive outlook on the company's stock.
December 12, 2023 | 12:58 pm
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POSITIVE IMPACT
TD Cowen analyst Dan Brennan maintains a positive outlook on Natera, raising the price target from $82 to $87, which may lead to increased investor confidence and a potential rise in stock price.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's future performance and can positively influence investor sentiment. As the price target has been raised, it suggests that the analyst sees more upside potential in the stock, which could lead to a short-term increase in its price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100