Baird Maintains Outperform on Alkermes, Raises Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Joel Beatty maintains an Outperform rating on Alkermes (NASDAQ:ALKS) and raises the price target from $37 to $38.
July 25, 2024 | 11:16 am
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Baird analyst Joel Beatty has maintained an Outperform rating on Alkermes and raised the price target from $37 to $38, indicating confidence in the company's future performance.
The maintenance of an Outperform rating and the increase in the price target by a reputable analyst suggests a positive outlook for Alkermes. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100