Leerink Partners Maintains Outperform on Mirum Pharmaceuticals, Lowers Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
Leerink Partners analyst Mani Foroohar maintains an Outperform rating on Mirum Pharmaceuticals (MIRM) but lowers the price target from $44 to $43.
March 18, 2024 | 6:10 pm
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Leerink Partners maintains an Outperform rating on Mirum Pharmaceuticals but lowers the price target from $44 to $43.
The adjustment in price target by Leerink Partners reflects a minor revision in their valuation of Mirum Pharmaceuticals. While the Outperform rating indicates continued confidence in the company's prospects, the slight reduction in price target may reflect adjustments in market conditions or company-specific factors. However, the impact on the stock price is likely to be neutral in the short term, as the overall positive outlook is maintained.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100