Leerink Partners Initiates Coverage On AnaptysBio with Outperform Rating, Announces Price Target of $47
Portfolio Pulse from Benzinga Newsdesk
Leerink Partners analyst David Risinger has initiated coverage on AnaptysBio (NASDAQ:ANAB) with an Outperform rating and set a price target of $47.

April 16, 2024 | 4:10 pm
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Leerink Partners initiated coverage on AnaptysBio with an Outperform rating and a price target of $47.
Analyst ratings, especially those with an Outperform status, can significantly influence investor sentiment and stock prices in the short term. The setting of a price target at $47, which is presumably above the current trading price, indicates a positive outlook on the stock's future performance. This can lead to increased investor interest and potentially drive up the stock price as market participants adjust their positions based on this new analysis.
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