Wedbush Reiterates Outperform on Arcus Biosciences, Maintains $36 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Robert Driscoll has reiterated an Outperform rating on Arcus Biosciences (NYSE:RCUS) and maintained a price target of $36. This reaffirmation of the stock's potential could influence investor sentiment and stock performance in the short term.
January 17, 2024 | 1:24 pm
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Wedbush analyst Robert Driscoll has reiterated an Outperform rating on Arcus Biosciences and maintained a price target of $36, potentially affecting the company's stock positively in the short term.
Analyst ratings, especially from reputable firms like Wedbush, can significantly influence investor sentiment and stock prices. The reiteration of an Outperform rating and the maintenance of a $36 price target suggest a positive outlook for RCUS, which could lead to an increase in investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100