Needham Maintains Buy on Merus, Raises Price Target to $92
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Ami Fadia maintains a Buy rating on Merus (NASDAQ:MRUS) and raises the price target from $66 to $92.
May 28, 2024 | 4:42 pm
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Needham analyst Ami Fadia has maintained a Buy rating on Merus and increased the price target from $66 to $92, indicating strong confidence in the company's future performance.
The increase in the price target from $66 to $92 by a reputable analyst suggests a positive outlook for Merus. This is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100