HC Wainwright & Co. Maintains Buy on Balchem, Raises Price Target to $150
Portfolio Pulse from richadhand@benzinga.com
HC Wainwright & Co. analyst Raghuram Selvaraju maintains a Buy rating on Balchem (NASDAQ:BCPC) and raises the price target from $140 to $150.
June 05, 2023 | 10:08 am
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POSITIVE IMPACT
HC Wainwright & Co. maintains a Buy rating on Balchem and raises the price target from $140 to $150.
The news of HC Wainwright & Co. maintaining a Buy rating on Balchem and raising the price target from $140 to $150 is positive for the company's stock. This indicates that the analyst believes the stock has potential for growth and is likely to perform well in the short term. As a result, the stock price is likely to go up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100