Oppenheimer Maintains Outperform on Galecto, Raises Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Jay Olson has maintained an 'Outperform' rating on Galecto (NASDAQ:GLTO) and raised the price target from $9 to $10.
October 17, 2024 | 1:21 pm
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Oppenheimer has increased its price target for Galecto from $9 to $10, maintaining an 'Outperform' rating, indicating positive expectations for the stock.
The increase in price target from $9 to $10 by Oppenheimer suggests a positive outlook for Galecto's stock. The 'Outperform' rating indicates that the analyst expects the stock to perform better than the market average, which could lead to increased investor interest and a potential rise in stock price.
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