Ladenburg Thalmann Maintains Buy on Alterity Therapeutics, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Ladenburg Thalmann analyst Aydin Huseynov maintains a Buy rating on Alterity Therapeutics (NASDAQ:ATHE) but lowers the price target from $20 to $10.

June 05, 2023 | 10:55 am
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NEUTRAL IMPACT
Ladenburg Thalmann maintains a Buy rating on Alterity Therapeutics (NASDAQ:ATHE) but lowers the price target from $20 to $10.
The news of Ladenburg Thalmann maintaining a Buy rating on Alterity Therapeutics is positive for the stock. However, the lowering of the price target from $20 to $10 may create uncertainty among investors, potentially offsetting the positive sentiment. Therefore, the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100