Immatics N.V. (IMTX) saw its stock price surge 5.18% during pre-market trading on Wednesday, following positive analyst coverage from Goldman Sachs.
The investment bank maintained a Buy rating on Immatics, with analyst Rajan Sharma setting a price target of $12.20 for the stock. This bullish outlook from a major financial institution appears to have driven increased investor interest and buying activity before the market opened.