Stock Track | BridgeBio Pharma Soars 5.40% in Pre-Market on Multiple Analyst Price Target Hikes

Stock Track

02/25

BridgeBio Pharma, Inc. (BBIO) saw its stock price surge 5.40% during pre-market trading on Wednesday, following a series of positive analyst actions.

The pre-market rally was fueled by several investment firms raising their price targets for the biopharmaceutical company. Barclays maintained its Buy rating with a price target of $157.00, while Leerink Partners increased its target to $98 from $95. Morgan Stanley lifted its price target to $98 from $96 and reaffirmed its Overweight rating, and Truist Securities raised its target to $95 from $86.

These upward revisions from multiple analysts indicate growing confidence in BridgeBio Pharma's prospects, likely driving increased investor interest and buying activity ahead of the market open.

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(BBIO) saw its stock price surge 5.40% during pre-market trading on Wednesday, following a series of positive analyst actions.</p><p>The pre-market rally was fueled by several investment firms raising their price targets for the biopharmaceutical company. Barclays maintained its Buy rating with a price target of $157.00, while Leerink Partners increased its target to $98 from $95. 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