Maxim Group Initiates Coverage On Rani Therapeutics Hldgs with Buy Rating, Announces Price Target of $15
Portfolio Pulse from Benzinga Newsdesk
Maxim Group has initiated coverage on Rani Therapeutics Holdings (NASDAQ:RANI) with a Buy rating and set a price target of $15.
June 14, 2024 | 1:11 pm
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Maxim Group has initiated coverage on Rani Therapeutics Holdings with a Buy rating and set a price target of $15. This positive analyst rating and price target could boost investor confidence and potentially drive the stock price up in the short term.
The initiation of coverage with a Buy rating and a specific price target of $15 by Maxim Group is a strong positive signal for investors. Such analyst actions often lead to increased investor interest and buying activity, which can drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100