Neurogene shares are trading higher after Leerink Partners initiated coverage on the stock with an Outperform rating and $46 price target.
Portfolio Pulse from Benzinga Newsdesk
Neurogene shares surged following an Outperform rating and a $46 price target from Leerink Partners.

April 29, 2024 | 7:51 pm
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POSITIVE IMPACT
Neurogene's stock price is expected to rise in the short term due to the positive Outperform rating and ambitious $46 price target set by Leerink Partners.
Analyst ratings, especially those with a positive outlook like an Outperform rating, can significantly influence investor sentiment and stock prices. The setting of a high price target ($46) by a reputable firm like Leerink Partners further boosts confidence in Neurogene's stock, suggesting a strong growth potential that could drive the stock price up in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100