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.
March 08, 2024 | 7:22 pm
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Needham analyst Joseph Stringer reiterated a Buy rating on Phathom Pharmaceuticals with a $26 price target.
The reiteration of a Buy rating and a maintained price target of $26 by a reputable analyst suggests a positive outlook for Phathom Pharmaceuticals. This endorsement could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100