HC Wainwright & Co. Reiterates Buy on I-MAB, Maintains $8 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. has reiterated its Buy rating on I-MAB (NASDAQ:IMAB) and maintained a price target of $8, indicating confidence in the company's potential.
August 29, 2024 | 11:54 am
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HC Wainwright & Co. has reiterated its Buy rating on I-MAB and maintained a price target of $8, suggesting continued confidence in the company's growth prospects.
The reiteration of a Buy rating and maintenance of a price target by a reputable analyst firm like HC Wainwright & Co. is a positive signal for investors, indicating confidence in I-MAB's future performance. This could lead to increased investor interest and potentially a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100