Citigroup Initiates Coverage On ArriVent BioPharma with Buy Rating, Announces Price Target of $30
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Yigal Nochomovitz initiates coverage on ArriVent BioPharma (NASDAQ:AVBP) with a Buy rating and a price target of $30.
February 20, 2024 | 11:51 am
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Citigroup has initiated coverage on ArriVent BioPharma with a Buy rating and a price target of $30.
Analyst ratings, especially from a reputable financial institution like Citigroup, can significantly influence investor sentiment and stock prices. A Buy rating combined with a substantial price target suggests a positive outlook for ArriVent BioPharma, likely leading to increased investor interest and potentially a rise in stock price in the short term.
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