Wells Fargo Initiates Coverage On Tectonic Therapeutic with Overweight Rating, Announces Price Target of $55
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has initiated coverage on Tectonic Therapeutic with an Overweight rating and set a price target of $55.
August 22, 2024 | 12:56 pm
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Wells Fargo has initiated coverage on Tectonic Therapeutic with an Overweight rating and a price target of $55, indicating a positive outlook.
The initiation of coverage with an Overweight rating and a specific price target by a major financial institution like Wells Fargo is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100