Needham Reiterates Buy on Phathom Pharmaceuticals, Maintains $26 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Joseph Stringer has reiterated a Buy rating on Phathom Pharmaceuticals (NASDAQ:PHAT) and maintained a $26 price target.

February 23, 2024 | 3:42 pm
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Needham maintains a Buy rating and a $26 price target on Phathom Pharmaceuticals.
The reiteration of a Buy rating and maintenance of a $26 price target by a reputable analyst like Joseph Stringer from Needham is likely to instill confidence among investors and could lead to a positive short term impact on Phathom Pharmaceuticals' stock price. Analyst ratings, especially from well-regarded financial institutions, can significantly influence investor sentiment and stock prices.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100