Needham Reiterates Buy on I-MAB, Maintains $6 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Gil Blum reiterates a Buy rating on I-MAB (NASDAQ:IMAB) and maintains a $6 price target.
April 12, 2024 | 10:04 am
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Needham analyst Gil Blum reiterates a Buy rating on I-MAB with a $6 price target.
The reiteration of a Buy rating and maintenance of a $6 price target by a reputable analyst like Gil Blum from Needham is likely to instill confidence among investors and could positively influence I-MAB's stock price in the short term. Analyst ratings, especially with a Buy recommendation, often lead to increased investor interest and can drive up the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100