SAB Biotherapeutics shares are trading higher after Oppenheimer initiated coverage on the stock with an Outperform rating and announced a $12 price target.
Portfolio Pulse from Benzinga Newsdesk
SAB Biotherapeutics shares rose following Oppenheimer's initiation of coverage with an Outperform rating and a $12 price target.
August 28, 2024 | 2:19 pm
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Oppenheimer initiated coverage on SAB Biotherapeutics with an Outperform rating and a $12 price target, leading to a rise in the company's stock price.
The initiation of coverage by a reputable firm like Oppenheimer with an Outperform rating and a specific price target is a strong positive signal for investors, likely leading to increased buying interest and a rise in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100