JP Morgan Maintains Overweight on argenx, Raises Price Target to $640
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst James Gordon maintains an Overweight rating on argenx (NASDAQ:ARGX) and raises the price target from $500 to $640.
August 23, 2024 | 12:47 pm
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POSITIVE IMPACT
JP Morgan has increased its price target for argenx from $500 to $640, maintaining an Overweight rating. This suggests confidence in argenx's growth potential.
The increase in price target from $500 to $640 by JP Morgan, along with maintaining an Overweight rating, indicates a strong positive outlook for argenx. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100