BMO Capital Maintains Outperform on Beam Therapeutics, Maintains $57 Price Target
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Kostas Biliouris has maintained an Outperform rating on Beam Therapeutics (NASDAQ:BEAM) with a price target of $57.

March 27, 2024 | 2:12 pm
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BMO Capital analyst Kostas Biliouris reaffirmed an Outperform rating on Beam Therapeutics with a $57 price target.
The reaffirmation of an Outperform rating and a $57 price target by a reputable analyst like Kostas Biliouris from BMO Capital is likely to instill confidence among investors and could positively influence Beam Therapeutics' stock price in the short term. Analyst ratings, especially those that are maintained or upgraded, tend to have a positive impact on stock prices as they reflect continued confidence in the company's future performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100