Wedbush Reiterates Outperform on Beam Therapeutics, Maintains $57 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst David Nierengarten reiterates an Outperform rating on Beam Therapeutics (NASDAQ:BEAM) and maintains a $57 price target.

April 23, 2024 | 4:32 pm
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Wedbush analyst David Nierengarten reiterates an Outperform rating on Beam Therapeutics and maintains a $57 price target.
The reiteration of an Outperform rating and the maintenance of a $57 price target by a reputable analyst like David Nierengarten from Wedbush is likely to instill confidence among investors and could positively influence Beam Therapeutics' stock price in the short term. Analyst ratings, especially those with a positive outlook, can have a significant impact on investor sentiment and stock performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100