Alliance Global Partners Maintains Buy on HeartBeam, Lowers Price Target to $5.55
Portfolio Pulse from Benzinga Newsdesk
Alliance Global Partners analyst Ben Haynor maintains a Buy rating on HeartBeam (NASDAQ:BEAT) but lowers the price target from $10 to $5.55.
May 19, 2023 | 6:35 pm
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NEUTRAL IMPACT
Alliance Global Partners maintains a Buy rating on HeartBeam (NASDAQ:BEAT) but lowers the price target from $10 to $5.55.
The news of Alliance Global Partners maintaining a Buy rating on HeartBeam is positive for the stock. However, the lowering of the price target from $10 to $5.55 may create uncertainty among investors, potentially offsetting the positive sentiment. As a result, the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100