IGM Biosciences shares are trading higher. JP Morgan raised its price target on the stock from $11 to $12.
Portfolio Pulse from Benzinga Newsdesk
IGM Biosciences shares are trading higher after JP Morgan raised its price target on the stock from $11 to $12.
August 15, 2024 | 2:48 pm
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POSITIVE IMPACT
IGM Biosciences shares are trading higher following JP Morgan's decision to raise its price target from $11 to $12.
The increase in the price target by a major financial institution like JP Morgan is likely to boost investor confidence and drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100