Evercore ISI Group Initiates Coverage On Neurocrine Biosciences with Outperform Rating, Announces Price Target of $175
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has initiated coverage on Neurocrine Biosciences (NBIX) with an Outperform rating and set a price target of $175.
May 14, 2024 | 9:16 am
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Evercore ISI Group's initiation of coverage on Neurocrine Biosciences with an Outperform rating and a price target of $175 suggests a positive outlook on the stock's future performance.
Analyst ratings, especially from reputable firms like Evercore ISI Group, can significantly influence investor sentiment and stock prices. An Outperform rating combined with a high price target usually indicates a strong bullish outlook on the stock, potentially leading to increased investor interest and a rise in stock price in the short term.
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