Evercore ISI Group Maintains Outperform on 89bio, Raises Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Liisa Bayko maintains an Outperform rating on 89bio (NASDAQ:ETNB) and raises the price target from $29 to $37.
March 07, 2024 | 4:01 pm
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Evercore ISI Group analyst Liisa Bayko maintains an Outperform rating on 89bio and raises the price target from $29 to $37.
The increase in price target by a reputable analyst firm like Evercore ISI Group, along with the maintenance of an Outperform rating, suggests a strong bullish sentiment towards 89bio. This is likely to positively influence investor perception and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100