Mizuho Maintains Buy on Nkarta, Raises Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Salim Syed has maintained a Buy rating on Nkarta (NASDAQ:NKTX) and significantly increased the price target from $9 to $31, indicating a strong positive outlook on the company's stock.
March 05, 2024 | 1:58 pm
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POSITIVE IMPACT
Mizuho analyst Salim Syed has reaffirmed a Buy rating on Nkarta and raised the price target from $9 to $31, showing a strong confidence in the company's future performance.
The significant increase in the price target by a reputable analyst suggests a strong bullish outlook for Nkarta. This is likely to positively influence investor sentiment and potentially lead to a short-term increase in the stock price, as market participants may adjust their positions based on this new valuation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100