HC Wainwright & Co. Reiterates Buy on Genmab, Maintains $50 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Raghuram Selvaraju has reiterated a Buy rating on Genmab (NASDAQ:GMAB) and maintained a $50 price target.

May 03, 2024 | 7:59 pm
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HC Wainwright & Co. reaffirms a Buy rating on Genmab with a $50 price target.
The reiteration of a Buy rating and maintenance of a $50 price target by a reputable analyst firm like HC Wainwright & Co. typically signals confidence in the company's future performance. This endorsement can positively influence investor sentiment and potentially lead to an uptick in the stock's price in the short term, especially if the market views the analysis as credible and aligns with other positive indicators for the company.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100