Mizuho Maintains Neutral on Neurocrine Biosciences, Raises Price Target to $140-Report released on 7th February 2024
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Uy Ear maintains a Neutral rating on Neurocrine Biosciences (NBIX) and raises the price target from $116 to $140 as of 7th February 2024.
February 08, 2024 | 3:29 pm
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Mizuho analyst Uy Ear maintains a Neutral rating on Neurocrine Biosciences but raises the price target from $116 to $140.
The increase in price target by Mizuho suggests a positive outlook on the value of Neurocrine Biosciences, potentially leading to increased investor interest and a short-term positive impact on the stock price. However, the Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, balancing the potential for both upside and downside.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90