Keybanc Maintains Overweight on Absci, Raises Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Scott Schoenhaus has maintained an Overweight rating on Absci (NASDAQ:ABSI) and increased the price target from $3 to $5. This adjustment reflects a positive outlook on the company's stock.
January 05, 2024 | 10:09 am
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Keybanc analyst Scott Schoenhaus has reaffirmed an Overweight rating on Absci and raised the price target to $5, indicating a bullish stance on the company's future performance.
The increase in price target by a Keybanc analyst typically signals a strong conviction in the company's growth prospects and financial health. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
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