RBC Capital Reiterates Sector Perform on Fusion Pharmaceuticals, Maintains $21 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Gregory Renza has reiterated a 'Sector Perform' rating on Fusion Pharmaceuticals (NASDAQ:FUSN) and maintained a $21 price target.
March 21, 2024 | 3:00 pm
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RBC Capital maintains a 'Sector Perform' rating and a $21 price target on Fusion Pharmaceuticals.
The reiteration of the 'Sector Perform' rating and maintenance of the $21 price target by RBC Capital suggests a neutral outlook on Fusion Pharmaceuticals. This indicates that the analyst believes the stock is fairly valued at its current level, neither undervalued nor overvalued, which is why the short-term impact on the stock price is likely neutral.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100