Goldman Sachs Initiates Coverage On Avidity Biosciences with Buy Rating, Announces Price Target of $59
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs has initiated coverage on Avidity Biosciences with a Buy rating and set a price target of $59.

September 24, 2024 | 10:45 am
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Goldman Sachs has initiated coverage on Avidity Biosciences with a Buy rating and a price target of $59, indicating a positive outlook for the stock.
The initiation of coverage by a major financial institution like Goldman Sachs with a Buy rating and a specific price target suggests confidence in Avidity Biosciences' future performance. This is likely to positively influence investor sentiment and could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100