Oppenheimer Maintains Outperform on argenx, Raises Price Target to $646
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Leland Gershell has maintained an Outperform rating on argenx (NASDAQ:ARGX) and raised the price target from $560 to $646.
November 01, 2024 | 1:23 pm
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Oppenheimer has increased its price target for argenx from $560 to $646, maintaining an Outperform rating. This suggests confidence in argenx's future performance.
The increase in price target from $560 to $646 by Oppenheimer indicates a positive outlook on argenx's future performance. Maintaining an Outperform rating suggests that the analyst expects the stock to perform better than the market average. This is likely to have a positive impact on the stock price in the short term as investors may view this as a strong endorsement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100