Truist Securities Maintains Buy on Absci, Maintains $9 Price Target
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Robyn Karnauskas has maintained a Buy rating on Absci (NASDAQ:ABSI) and kept the price target at $9.

March 26, 2024 | 1:17 pm
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POSITIVE IMPACT
Truist Securities maintains a Buy rating on Absci with a $9 price target.
The maintenance of a Buy rating and a $9 price target by a reputable analyst like Robyn Karnauskas from Truist Securities is a strong positive signal for Absci. This endorsement likely reflects confidence in the company's future performance and growth prospects, which could positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100