Wedbush Maintains Outperform on ARS Pharmaceuticals, Lowers Price Target to $15
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Andreas Argyrides maintains an Outperform rating on ARS Pharmaceuticals (NASDAQ:SPRY) but lowers the price target from $17 to $15.
June 21, 2023 | 12:46 pm
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Wedbush analyst maintains Outperform rating on ARS Pharmaceuticals (NASDAQ:SPRY) but lowers price target from $17 to $15.
The news indicates that Wedbush analyst Andreas Argyrides still believes in the potential of ARS Pharmaceuticals, maintaining an Outperform rating. However, the lowered price target from $17 to $15 suggests a slightly reduced growth expectation. This may have a neutral short-term impact on the stock price, as the positive outlook is balanced by the reduced price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100