Guggenheim Maintains Buy on Merus, Raises Price Target to $111
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Michael Schmitz has maintained a Buy rating on Merus (NASDAQ:MRUS) and increased the price target from $93 to $111.
October 01, 2024 | 5:10 pm
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POSITIVE IMPACT
Guggenheim has reaffirmed its Buy rating on Merus and increased the price target to $111, indicating confidence in the company's future performance.
The increase in the price target from $93 to $111 by Guggenheim suggests a positive outlook on Merus's future performance. This is likely to boost investor confidence and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100