JMP Securities Reiterates Market Outperform on Gritstone Bio, Maintains $5 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Roy Buchanan has reiterated a Market Outperform rating on Gritstone Bio (NASDAQ:GRTS) and maintained a $5 price target.
August 05, 2024 | 4:50 pm
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JMP Securities has reiterated a Market Outperform rating on Gritstone Bio and maintained a $5 price target, indicating confidence in the company's future performance.
The reiteration of a Market Outperform rating and the maintenance of a $5 price target by JMP Securities suggests strong confidence in Gritstone Bio's future performance. This positive analyst rating is likely to boost investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100