Alumis shares are trading higher after HC Wainwright & Co. initiated coverage on the stock with a Buy rating and announced a price target of $30.
Portfolio Pulse from Benzinga Newsdesk
Alumis shares rose following HC Wainwright & Co.'s initiation of coverage with a Buy rating and a $30 price target.
October 17, 2024 | 12:39 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Alumis shares increased after HC Wainwright & Co. initiated coverage with a Buy rating and a $30 price target.
The initiation of coverage with a Buy rating and a specific price target by a reputable firm like HC Wainwright & Co. is likely to positively influence investor sentiment and drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100