JMP Securities Reiterates Market Outperform on Allakos, Maintains $3 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Jonathan Wolleben has reiterated a Market Outperform rating on Allakos (NASDAQ:ALLK) and maintained a $3 price target.

June 26, 2024 | 4:01 pm
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JMP Securities analyst Jonathan Wolleben has reiterated a Market Outperform rating on Allakos (NASDAQ:ALLK) and maintained a $3 price target.
The reiteration of a Market Outperform rating and the maintenance of a $3 price target by JMP Securities is a positive signal for investors. This suggests confidence in the company's future performance, which could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100