B. Riley Securities Maintains Buy on Agenus, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has maintained its Buy rating on Agenus (NASDAQ:AGEN) but has lowered the price target from $42 to $18.

August 14, 2024 | 12:58 pm
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B. Riley Securities has maintained its Buy rating on Agenus but has significantly lowered the price target from $42 to $18.
The significant reduction in the price target from $42 to $18, despite maintaining a Buy rating, suggests a more cautious outlook on Agenus's future performance. This could lead to short-term downward pressure on the stock price as investors reassess their expectations.
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