Guggenheim Upgrades Invivyd to Buy, Announces $9 Price Target
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Evan Wang upgrades Invivyd (NASDAQ:IVVD) from Neutral to Buy and sets a $9 price target.

April 05, 2024 | 12:13 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Guggenheim analyst Evan Wang upgrades Invivyd from Neutral to Buy and sets a $9 price target.
Analyst upgrades typically lead to positive short-term price movements as they reflect a positive change in the analyst's view of the company's future prospects. The upgrade from Neutral to Buy suggests a strong confidence in Invivyd's potential for growth, and the $9 price target indicates a significant upside from current levels. This is likely to attract investor interest and drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100