Truist Securities Reiterates Buy on Immunovant, Maintains $48 Price Target
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Robyn Karnauskas has reiterated a Buy rating on Immunovant (NASDAQ:IMVT) and maintained a $48 price target.

March 25, 2024 | 4:11 pm
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Truist Securities reaffirms a Buy rating on Immunovant with a $48 price target.
The reiteration of a Buy rating and maintenance of a $48 price target by a reputable analyst like Robyn Karnauskas from Truist Securities is likely to instill confidence among investors and could lead to a positive short-term impact on Immunovant's stock price. Analyst ratings, especially from well-regarded financial institutions, can significantly influence investor sentiment and stock prices.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100