Raymond James Maintains Strong Buy on argenx, Lowers Price Target to $520
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Danielle Brill has maintained a Strong Buy rating on argenx (NASDAQ:ARGX) but has reduced the price target from $580 to $520.

December 21, 2023 | 9:36 am
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Raymond James analyst Danielle Brill maintains a Strong Buy rating on argenx but lowers the price target from $580 to $520.
The reduction in price target may cause some investors to adjust their valuation models, potentially leading to short-term price fluctuations. However, the Strong Buy rating reaffirmation suggests that the analyst still sees significant upside potential, which could mitigate negative reactions to the price target cut.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100