Needham Reiterates Buy on Phathom Pharmaceuticals, Maintains $26 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Joseph Stringer has reiterated a Buy rating on Phathom Pharmaceuticals (NASDAQ:PHAT) and maintained a $26 price target.

March 22, 2024 | 6:14 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Needham analyst Joseph Stringer reiterates a Buy rating on Phathom Pharmaceuticals with a $26 price target.
The reiteration of a Buy rating and the maintenance of a $26 price target by a reputable analyst like Joseph Stringer could instill confidence in investors and potentially lead to a short-term positive impact on PHAT's stock price. Analyst ratings, especially from well-regarded financial institutions like Needham, can significantly influence investor sentiment and stock prices.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100