Needham Reiterates Buy on Vir Biotechnology, Maintains $15 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Joseph Stringer has reiterated a Buy rating on Vir Biotechnology (NASDAQ:VIR) and maintained a $15 price target on the stock.

May 03, 2024 | 7:15 pm
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POSITIVE IMPACT
Needham maintains a Buy rating and a $15 price target on Vir Biotechnology, indicating a positive outlook on the stock.
The reiteration of a Buy rating and maintenance of a $15 price target by a reputable analyst like Joseph Stringer suggests a strong belief in the potential of Vir Biotechnology. This endorsement could positively influence investor sentiment and potentially drive the stock price up in the short term, especially if the market aligns with Needham's analysis.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100