Goldman Sachs Maintains Neutral on Fulcrum Therapeutics, Raises Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Madhu Kumar has maintained a Neutral rating on Fulcrum Therapeutics (NASDAQ: FULC) and increased the price target from $5 to $6.
January 26, 2024 | 2:28 pm
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POSITIVE IMPACT
Goldman Sachs maintains a Neutral rating on Fulcrum Therapeutics and raises the price target from $5 to $6.
The increase in price target by a reputable analyst like Goldman Sachs suggests a positive outlook on the stock's value, which could lead to increased investor confidence and a potential short-term rise in the stock price. However, since the rating remains Neutral, the impact may be moderate rather than strong.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100