Alliance Global Partners Initiates Coverage On Fortress Biotech with Buy Rating, Announces Price Target of $5
Portfolio Pulse from Benzinga Newsdesk
Alliance Global Partners has initiated coverage on Fortress Biotech (NASDAQ:FBIO) with a Buy rating and set a price target of $5.
March 19, 2024 | 12:20 pm
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POSITIVE IMPACT
Fortress Biotech receives a Buy rating from Alliance Global Partners with a price target of $5.
The initiation of coverage by Alliance Global Partners with a Buy rating and a specific price target of $5 is a strong positive signal for Fortress Biotech. This kind of analyst coverage often leads to increased investor interest and can drive the stock price up in the short term, especially if the market perceives the analysis as credible and well-founded.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100