Stifel Reiterates Buy on Disc Medicine, Raises Price Target to $104
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Benjamin Burnett has reiterated a Buy rating on Disc Medicine (NASDAQ:IRON) and increased the price target from $76 to $104.

March 12, 2024 | 1:27 pm
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POSITIVE IMPACT
Stifel analyst reiterates a Buy rating on Disc Medicine and raises the price target from $76 to $104.
The reiteration of a Buy rating combined with a significant increase in the price target by a reputable analyst like Benjamin Burnett is likely to instill confidence among investors and could lead to a short-term increase in the stock price of Disc Medicine. The adjustment in the price target reflects a positive outlook on the company's future performance, making it an important piece of information for investors.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100