Needham Maintains Buy on Geron, Raises Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Gil Blum maintains a Buy rating on Geron (NASDAQ:GERN) and raises the price target from $5 to $6.
June 07, 2024 | 1:45 pm
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Needham analyst Gil Blum has reaffirmed a Buy rating on Geron and increased the price target from $5 to $6, indicating confidence in the company's future performance.
The reaffirmation of a Buy rating and the increase in the price target from $5 to $6 by a reputable analyst suggests positive sentiment and confidence in Geron's future performance. This is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100