HC Wainwright & Co. Reiterates Buy on Motus GI Hldgs, Lowers Price Target to $2.5
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Yi Chen reiterated a Buy rating on Motus GI Holdings (NASDAQ:MOTS) and lowered the price target from $10 to $2.5.
June 15, 2023 | 12:59 pm
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HC Wainwright & Co. analyst Yi Chen reiterated a Buy rating on Motus GI Holdings (NASDAQ:MOTS) and lowered the price target from $10 to $2.5.
The news of HC Wainwright & Co. analyst Yi Chen reiterating a Buy rating on Motus GI Holdings (NASDAQ:MOTS) is positive for the stock. However, the lowering of the price target from $10 to $2.5 may create uncertainty among investors, potentially offsetting the positive impact of the Buy rating. Therefore, the short-term impact on the stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100