Citigroup Initiates Coverage On Olema Pharmaceuticals with Buy Rating, Announces Price Target of $20
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Yigal Nochomovitz has initiated coverage on Olema Pharmaceuticals (NASDAQ:OLMA) with a Buy rating and set a price target of $20.
January 30, 2024 | 12:33 pm
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Citigroup has initiated coverage on Olema Pharmaceuticals with a Buy rating and a price target of $20, which could positively influence investor sentiment and the stock's price.
Analyst ratings, especially from major banks like Citigroup, can significantly impact a stock's performance in the short term. A Buy rating combined with a price target that suggests substantial upside can lead to increased investor interest and a potential rise in the stock price.
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