Guggenheim Initiates Coverage On Absci with Buy Rating, Announces Price Target of $10
Portfolio Pulse from Benzinga Newsdesk
Guggenheim has initiated coverage on Absci (NASDAQ:ABSI) with a Buy rating and set a price target of $10, indicating a positive outlook for the company's stock.

October 02, 2024 | 9:48 am
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Guggenheim's analyst Vamil Divan has initiated coverage on Absci with a Buy rating and a price target of $10, suggesting a positive short-term outlook for the stock.
The initiation of coverage with a Buy rating and a specific price target by a reputable analyst can lead to increased investor interest and buying activity, potentially driving the stock price up in the short term.
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