Chardan Capital Reiterates Buy on Adverum Biotechnologies, Maintains $4 Price Target
Portfolio Pulse from Benzinga Newsdesk
Chardan Capital analyst Daniil Gataulin reiterated a Buy rating on Adverum Biotechnologies (NASDAQ:ADVM) and maintained a $4 price target.

March 19, 2024 | 12:54 pm
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POSITIVE IMPACT
Chardan Capital maintains a Buy rating and a $4 price target on Adverum Biotechnologies.
The reiteration of a Buy rating and maintenance of a $4 price target by a reputable analyst like Daniil Gataulin from Chardan Capital could instill confidence among investors and potentially drive up the stock price of Adverum Biotechnologies in the short term. Analyst ratings, especially with a positive outlook, often influence investor sentiment and can lead to price movements.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90