Monopar Therapeutics (MNPR) stock surged 8.74% during Tuesday's intraday trading session, following a bullish analyst report. The significant uptick in share price comes as investors react positively to the reaffirmed buy rating and ambitious price target.
JonesTrading analyst Soumit Roy maintained a Buy rating on Monopar Therapeutics, setting a price target of $130.00. While specific details were not provided in the brief report, the analyst's optimistic stance suggests confidence in the company's pipeline and financial position. The substantial gap between the current trading price and the analyst's target indicates a potential for significant upside, which likely contributed to the day's strong stock performance.
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