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Bullish Case: Acquisition of Gavreto rights and bullish AI forecast imply short-term momentum. Revenue growth outpacing industry suggests market confidence and near-term gains potential.


Bearish Case: Institutional sell-off and mean reversion signal caution. Historical declines and recent underperformance advocate for a defensive position in the longer term.


Potential Outcomes:

1. Successful Gavreto launch: 35% - potential revenue spike.

2. Institutional sell-off continuation: 25% - stock pressure.

3. Unexpected biotech sector events: 5% - volatility.


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April 17, 2024


Rigel Pharmaceuticals Forecast

RIGL        Rigel Pharmaceuticals
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)











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