Wells Fargo Maintains Overweight on Annexon, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Derek Archila maintains an Overweight rating on Annexon (NASDAQ:ANNX) but lowers the price target from $12 to $10.
May 15, 2024 | 6:12 pm
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Wells Fargo analyst Derek Archila maintains an Overweight rating on Annexon but lowers the price target from $12 to $10.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some concerns or adjustments in expectations. This mixed signal is likely to result in a neutral short-term impact on the stock price.
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