Jefferies Initiates Coverage On MBX Biosciences with Buy Rating, Announces Price Target of $35
Portfolio Pulse from Benzinga Newsdesk
Jefferies has initiated coverage on MBX Biosciences with a Buy rating and set a price target of $35, indicating a positive outlook for the company's stock.
October 08, 2024 | 6:19 pm
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Jefferies analyst Michael Yee has initiated coverage on MBX Biosciences with a Buy rating and a price target of $35, 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 potential stock price appreciation. The $35 target suggests significant upside potential from current levels.
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IMPORTANCE 80
RELEVANCE 100