Alliance Global Partners Maintains Buy on Tonix Pharmaceuticals, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Alliance Global Partners analyst James Molloy maintains a Buy rating on Tonix Pharmaceuticals (NASDAQ:TNXP) and raises the price target from $6.5 to $18.

June 02, 2023 | 1:09 pm
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Alliance Global Partners analyst James Molloy maintains a Buy rating on Tonix Pharmaceuticals and raises the price target from $6.5 to $18.
The Buy rating maintained by Alliance Global Partners and the significant increase in the price target from $6.5 to $18 indicate a positive outlook for Tonix Pharmaceuticals. This news is likely to have a positive impact on the stock price in the short term as it reflects the analyst's confidence in the company's potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100