Needham Reiterates Buy on Revolution Medicines, Maintains $61 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Ami Fadia has reiterated a Buy rating on Revolution Medicines (NASDAQ:RVMD) and maintained a price target of $61.
October 07, 2024 | 9:30 am
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Needham analyst Ami Fadia has reiterated a Buy rating on Revolution Medicines and maintained a price target of $61, indicating confidence in the company's future performance.
The reiteration of a Buy rating and maintenance of a $61 price target by Needham suggests positive sentiment and confidence in Revolution Medicines' future performance. This could lead to a short-term positive impact on RVMD's stock price as investors may view this as a strong endorsement.
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