Argus Research Maintains Buy on Silk Road Medical, Lowers Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Argus Research analyst David Toung maintains a Buy rating on Silk Road Medical (NASDAQ:SILK) but lowers the price target from $70 to $55.
May 22, 2023 | 12:38 pm
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NEUTRAL IMPACT
Argus Research maintains a Buy rating on Silk Road Medical (NASDAQ:SILK) but lowers the price target from $70 to $55.
The news of Argus Research maintaining a Buy rating on Silk Road Medical indicates a positive outlook for the company. However, the lowering of the price target from $70 to $55 may create uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100