B of A Securities Upgrades Annexon to Buy, Raises Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Tazeen Ahmad has upgraded Annexon (NASDAQ:ANNX) from Neutral to Buy and increased the price target from $4 to $6.

December 21, 2023 | 11:45 am
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Annexon's stock rating has been upgraded from Neutral to Buy by B of A Securities, with the price target raised from $4 to $6.
Upgrades by analysts, especially from neutral to buy, can lead to increased investor confidence and potential stock price appreciation. The raised price target from $4 to $6 represents a 50% increase, which may significantly influence investor perception and the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100