Wells Fargo Initiates Coverage On enGene Holdings with Overweight Rating, Announces Price Target of $30
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Yanan Zhu has initiated coverage on enGene Holdings (NASDAQ:ENGN) with an Overweight rating and set a price target of $30.
April 22, 2024 | 1:27 pm
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Wells Fargo initiated coverage on enGene Holdings with an Overweight rating and a price target of $30.
The initiation of coverage by a major financial institution like Wells Fargo, especially with an Overweight rating and a significant price target of $30, is likely to generate positive sentiment among investors. This could lead to increased buying activity in the short term, pushing the stock price up.
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IMPORTANCE 90
RELEVANCE 100