Leerink Partners Initiates Coverage On Galapagos with Market Perform Rating, Announces Price Target of $24
Portfolio Pulse from Benzinga Newsdesk
Leerink Partners has initiated coverage on Galapagos (NASDAQ:GLPG) with a Market Perform rating and set a price target of $24.
September 09, 2024 | 12:52 pm
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Leerink Partners has initiated coverage on Galapagos with a Market Perform rating and a price target of $24, indicating a neutral outlook.
The Market Perform rating suggests that the stock is expected to perform in line with the market. The price target of $24 provides a specific valuation benchmark, which is crucial for investors. However, the neutral rating implies no significant short-term price movement is expected.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100