B of A Securities Maintains Buy on Insmed, Raises Price Target to $86
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Jason Zemansky maintains a Buy rating on Insmed (NASDAQ:INSM) and raises the price target from $84 to $86.
October 09, 2024 | 5:54 pm
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POSITIVE IMPACT
B of A Securities has reaffirmed its Buy rating on Insmed and increased the price target from $84 to $86, indicating confidence in the company's future performance.
The increase in price target from $84 to $86 by B of A Securities suggests a positive outlook on Insmed's future performance. The maintained Buy rating indicates continued confidence from the analyst, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100