Guggenheim Maintains Buy on Oncology Institute, Lowers Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Sandy Draper maintains a Buy rating on Oncology Institute (NASDAQ:TOI) but lowers the price target from $3 to $2.

June 16, 2023 | 3:58 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Guggenheim analyst Sandy Draper maintains a Buy rating on Oncology Institute (NASDAQ:TOI) but lowers the price target from $3 to $2.
The news of Guggenheim maintaining a Buy rating on Oncology Institute is positive for the stock, indicating that the analyst still believes in the company's potential. However, the lowering of the price target from $3 to $2 may create some uncertainty among investors, potentially offsetting the positive sentiment. As a result, the short-term impact on the stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100