Jefferies Reiterates Buy on Moderna, Maintains $125 Price Target
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Michael Yee has reiterated a Buy rating on Moderna (NASDAQ:MRNA) and maintained a $125 price target on the stock.
April 09, 2024 | 4:11 pm
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Jefferies analyst Michael Yee reiterates a Buy rating on Moderna and maintains a $125 price target.
The reiteration of a Buy rating and maintenance of a $125 price target by a reputable analyst like Michael Yee from Jefferies is likely to instill confidence among investors and could positively influence Moderna's stock price in the short term. Analyst ratings and price targets are significant indicators for investors, and positive reaffirmations can lead to increased investor interest and potentially drive up the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100