Needham Reiterates Buy on Generation Bio, Maintains $10 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Gil Blum has reiterated a Buy rating on Generation Bio (NASDAQ:GBIO) and maintained a $10 price target.
April 10, 2024 | 10:24 am
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Needham analyst Gil Blum reiterates a Buy rating on Generation Bio and maintains a $10 price target.
The reiteration of a Buy rating and maintenance of a $10 price target by a reputable analyst like Gil Blum from Needham is likely to instill confidence among investors and could positively influence Generation Bio's stock price in the short term. Analyst ratings, especially from well-regarded financial institutions, can significantly impact investor sentiment and stock prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100