Needham Reiterates Buy on G1 Therapeutics, Maintains $14 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Gil Blum has reiterated a Buy rating on G1 Therapeutics (NASDAQ:GTHX) and maintained a $14 price target for the company's stock.
January 24, 2024 | 10:41 am
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Needham analyst Gil Blum has reiterated a Buy rating on G1 Therapeutics and maintained a $14 price target, indicating a positive outlook for the stock.
The reiteration of a Buy rating by a reputable analyst like Gil Blum from Needham tends to instill confidence in investors and can lead to a positive short term impact on the stock price. The maintenance of a $14 price target suggests that the analyst believes the stock has the potential to reach or exceed this level, which is likely to be viewed favorably by the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100