Oppenheimer Maintains Outperform on Beyond Air, Lowers Price Target to $10
Portfolio Pulse from richadhand@benzinga.com
Oppenheimer analyst Suraj Kalia maintains an Outperform rating on Beyond Air (NASDAQ:XAIR) but lowers the price target from $16 to $10.
June 23, 2023 | 11:55 am
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Oppenheimer analyst Suraj Kalia maintains an Outperform rating on Beyond Air (NASDAQ:XAIR) but lowers the price target from $16 to $10.
The news of Oppenheimer maintaining an Outperform rating on Beyond Air indicates a positive outlook for the company. However, the lowering of the price target from $16 to $10 suggests that the analyst has revised expectations for the stock's performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100