Citigroup Maintains Buy on Aldeyra Therapeutics, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Yigal Nochomovitz maintains a Buy rating on Aldeyra Therapeutics (NASDAQ:ALDX) but lowers the price target from $28 to $25.
June 01, 2023 | 11:07 am
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Citigroup maintains a Buy rating on Aldeyra Therapeutics (NASDAQ:ALDX) but lowers the price target from $28 to $25.
Citigroup's lowered price target on Aldeyra Therapeutics may cause some short-term uncertainty among investors, but the maintained Buy rating indicates that the analyst still believes in the company's potential for growth. The impact on the stock price is expected to be neutral in the short term.
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IMPORTANCE 80
RELEVANCE 100