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Stock impact report

Why Edgewise Therapeutics Stock Topped the Market on Tuesday [Yahoo! Finance]

Edgewise Therapeutics, Inc. (EWTX) 
Company Research Source: Yahoo! Finance
A significant price target boost from an analyst at a prominent U.S. bank was the main catalyst behind Edgewise Therapeutics (NASDAQ: EWTX) rise on the stock market on Tuesday. Investors were encouraged enough by the move to bid the biotech 's share price up by more than 2%, handily beating the 0.3% rise of the benchmark S&P 500 index. $11 improvement The pundit behind the increase was Tessa Romero of JPMorgan Chase unit JPMorgan. Well before market open Tuesday, she raised her Edgewise price target to $45 per share from $34. She maintained her overweight (read: buy) recommendation on the stock. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. According to reports, the analyst feels that Edgewise has several investigational programs that could vault it ahead. Romero noted renewe Show less Read more
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