RBC Capital Maintains Outperform on Mind Medicine, Raises Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brian Abrahams maintains an Outperform rating on Mind Medicine (MNMD) and raises the price target from $15 to $22.
March 08, 2024 | 10:36 am
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RBC Capital analyst Brian Abrahams maintains an Outperform rating on Mind Medicine and raises the price target from $15 to $22.
The increase in price target by a reputable analyst like Brian Abrahams from RBC Capital is a strong positive signal for Mind Medicine. It suggests confidence in the company's future performance and potential for growth, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100