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Bullish analyst revision with meaningful implied upside, but a target alone does not establish a catalyst or guarantee performance.
What happened, with direct paths to the underlying reporting
Jefferies raised its NEO target from $16.50 to $21, about 23% above the posted price of $17.03. The sizable revision supports a bullish view, while remaining an analyst opinion.
Target: $21
Posted price: $17.03
Analyst firm: Jefferies
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