JP Morgan Maintains Overweight on Charles River, Raises Price Target to $270
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tycho Peterson has maintained an Overweight rating on Charles River (NYSE:CRL) and increased the price target from $210 to $270.
December 20, 2023 | 7:57 pm
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POSITIVE IMPACT
Charles River's price target has been raised from $210 to $270 by JP Morgan, with an Overweight rating maintained.
The increase in price target by a reputable analyst like Tycho Peterson from JP Morgan is a strong positive signal for investors, suggesting a bullish outlook on the stock. This can lead to increased investor confidence and potential short-term price appreciation.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100