Baird Reiterates Outperform on Apellis Pharmaceuticals, Maintains $81 Price Target
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Colleen Kusy reiterated an Outperform rating on Apellis Pharmaceuticals (NASDAQ:APLS) and maintained a price target of $81. This reaffirmation highlights the analyst's positive outlook on the company's stock.
February 06, 2024 | 6:34 pm
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Baird analyst Colleen Kusy reaffirmed an Outperform rating on Apellis Pharmaceuticals with a price target of $81, indicating a positive outlook on the stock.
The reaffirmation of an Outperform rating and the maintenance of a high price target by a Baird analyst suggests a strong belief in the company's potential for growth. This positive analyst outlook can influence investor sentiment and potentially lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100