HC Wainwright & Co. Reiterates Buy on Genmab, Maintains $50 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. has reiterated its Buy rating on Genmab (NASDAQ:GMAB) and maintained a $50 price target, as stated by analyst Raghuram Selvaraju.
August 09, 2024 | 9:24 pm
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HC Wainwright & Co. has reiterated its Buy rating on Genmab and maintained a $50 price target, indicating continued confidence in the company's performance.
The reiteration of a Buy rating and maintenance of a $50 price target by HC Wainwright & Co. suggests strong confidence in Genmab'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.
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IMPORTANCE 80
RELEVANCE 100