Stock Track | Arcus Biosciences Soars 13.38% as Analysts Upgrade Stock and Raise Price Targets

Stock Track

02-26

Arcus Biosciences Inc. (RCUS) stock soared 13.38% on Wednesday in pre-market trading hours. The biopharmaceutical company's shares were boosted by multiple analyst upgrades and increased price targets.

Barclays analyst Peter Lawson maintained a Buy rating on Arcus and set a price target of $29.00. HC Wainwright also upgraded Arcus to Buy from Neutral and raised their price target to $24 from $18, citing the company's strong pipeline and growth prospects.

According to analysts surveyed by FactSet, Arcus currently has an average Buy rating and a mean price target of $31.30, suggesting further upside potential for the stock.

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(RCUS) stock soared 13.38% on Wednesday in pre-market trading hours. The biopharmaceutical company's shares were boosted by multiple analyst upgrades and increased price targets.</p>\n\n<p>Barclays analyst Peter Lawson maintained a Buy rating on Arcus and set a price target of $29.00. 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The biopharmaceutical company's shares were boosted by multiple analyst upgrades and increased price targets.\nBarclays analyst Peter Lawson maintained a Buy rating on Arcus and set a price target of $29.00. HC Wainwright also upgraded Arcus to Buy from Neutral and raised their price target to $24 from $18, citing the company's strong pipeline and growth prospects.\nAccording to analysts surveyed by FactSet, Arcus currently has an average Buy rating and a mean price target of $31.30, suggesting further upside potential for the stock.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}