Liquidia Technologies Inc (LQDA) saw its stock price surge by 5.01% during the intraday trading session, reflecting strong investor confidence. The upward movement was driven by a positive analyst action from Jefferies, which raised its target price for the stock to $55 from $45.
The revised target price suggests increased optimism about the company's growth prospects or financial performance. Such analyst upgrades often lead to heightened buying interest, as seen in today's trading activity.
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