RBC Capital Reiterates Outperform on Moderna, Maintains $125 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Luca Issi has reiterated an Outperform rating on Moderna (NASDAQ:MRNA) and maintained a price target of $125.
January 12, 2024 | 4:28 pm
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RBC Capital analyst reaffirms an Outperform rating on Moderna with a $125 price target, indicating a positive outlook for the stock.
The reiteration of an Outperform rating by a major analyst like RBC Capital suggests a positive sentiment towards Moderna's stock. This could influence investors to share this optimism, potentially driving up the stock price in the short term. The maintenance of the $125 price target indicates that the analyst believes the stock has the potential to reach or exceed this value, which is a positive signal for investors.
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IMPORTANCE 75
RELEVANCE 100