Omega Therapeutics shares are trading higher after Raymond James initiated coverage on the stock with an Outperform rating and announced a $12 price target.
Portfolio Pulse from Benzinga Newsdesk
Omega Therapeutics shares are trading higher after Raymond James initiated coverage on the stock with an Outperform rating and announced a $12 price target.
June 18, 2024 | 4:22 pm
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Omega Therapeutics shares are trading higher following Raymond James' initiation of coverage with an Outperform rating and a $12 price target.
The initiation of coverage by a reputable firm like Raymond James with an Outperform rating and a specific price target of $12 is a strong positive signal for investors. This is likely to drive short-term buying interest and upward price movement in Omega Therapeutics shares.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100