Stifel Maintains Buy on Spyre Therapeutics, Raises Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Alex Thompson has maintained a Buy rating on Spyre Therapeutics (NASDAQ:SYRE) and increased the price target from $36 to $54.
March 26, 2024 | 10:10 am
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Stifel analyst Alex Thompson has reaffirmed a Buy rating on Spyre Therapeutics and raised the price target from $36 to $54.
The increase in price target by a reputable analyst like Alex Thompson from Stifel is a strong positive signal for Spyre Therapeutics. It suggests a bullish outlook on the company's future performance and potential growth, likely leading to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100