Citigroup Initiates Coverage On Harmony Biosciences with Buy Rating, Announces Price Target of $48
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst David Hoang has initiated coverage on Harmony Biosciences (NASDAQ:HRMY) with a Buy rating and a price target of $48.
June 21, 2024 | 2:27 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Citigroup analyst David Hoang has initiated coverage on Harmony Biosciences with a Buy rating and a price target of $48.
The initiation of coverage with a Buy rating and a specific price target of $48 by a major financial institution like Citigroup is likely to positively impact the stock price of Harmony Biosciences in the short term. This is because such ratings often influence investor sentiment and can lead to increased buying activity.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100