Piper Sandler Maintains Overweight on Natera, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst David Westenberg maintains an Overweight rating on Natera (NASDAQ:NTRA) and raises the price target from $110 to $120.
May 14, 2024 | 11:54 am
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POSITIVE IMPACT
Piper Sandler's positive outlook and increased price target for Natera suggests confidence in the company's future performance, potentially leading to increased investor interest and a positive short term price movement.
Analyst ratings and price target adjustments are significant indicators for stock performance. An increase in the price target, especially from a reputable firm like Piper Sandler, often leads to positive investor sentiment and can drive the stock price up in the short term. Given the specific raise from $110 to $120, this reflects a strong conviction in Natera's growth prospects and operational performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100