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Arcus stock jumps after Wedbush upgrades rating and raises target.
Arcus Biosciences shares rose 5.4% after Wedbush upgraded the stock to outperform and raised its price target to $41.
The company beat earnings expectations in the fourth quarter, posting a loss of $0.89 per share on $33 million in revenue.
Analysts maintain a "moderate buy" rating with an average target of $30.80.
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Las acciones de Arcus saltan después de que Wedbush mejora el rating y eleva el target.