Watching Veru; Traders Circulate Analyst Comments Suggesting Co Could See A Take Out From Large Pharma Due To Effectivr GLP-1; Gives It An Outperform Rating And $3 PT
Portfolio Pulse from Benzinga Newsdesk
Traders are circulating analyst comments suggesting that Veru could be a target for acquisition by large pharmaceutical companies due to its GLP-1 weight loss drugs. The company has been given an outperform rating and a price target of $3.
March 27, 2024 | 8:14 pm
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Veru is speculated to be an acquisition target by large pharmaceutical companies due to its promising GLP-1 weight loss drugs, receiving an outperform rating and a $3 price target.
The speculation of Veru being an acquisition target by large pharmaceutical companies due to its GLP-1 weight loss drugs could lead to increased investor interest and potentially drive the stock price up in the short term. The outperform rating and $3 price target further support the positive outlook for the stock.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 90