JPMorgan Boosts Target on Human Genome (HGSI) to $35
Following yesterday's news that BENLYSTA met its primary endpoint in a second Phase 3 trial, and the resulting 35% spike in the stock, JPMorgan has raised its price target on shares of Human Genome Sciences (Nasdaq: HGSI) from $25 to $35. The firm maintains its Overweight rating.
The stock is continuing higher today, currently up about 1% to $25.53. JPMorgan's new price target represents potential upside of about 37%.
To see all the analyst calls on shares of Human Genome, including a price target raise at Goldman, visit our Analyst Ratings page.
Human Genome Sciences, Inc. operates as a biopharmaceutical company in the United States.
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