Piper Sandler Maintains Overweight on argenx, Raises Price Target to $518
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Allison Bratzel has maintained an Overweight rating on argenx (NASDAQ:ARGX) and increased the price target from $515 to $518.
January 18, 2024 | 5:45 pm
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POSITIVE IMPACT
Piper Sandler has reaffirmed an Overweight rating on argenx and raised the price target slightly from $515 to $518, indicating a positive outlook on the stock.
The increase in price target by Piper Sandler suggests a positive sentiment towards argenx's stock performance in the short term. As price targets can influence investor expectations and market sentiment, this adjustment is likely to be viewed favorably by investors, potentially leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100