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.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100