Jefferies Reiterates Buy on Cara Therapeutics, Maintains $18 Price Target
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Dennis Ding reiterated a Buy rating on Cara Therapeutics (NASDAQ:CARA) and maintained an $18 price target.

June 27, 2023 | 1:50 pm
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Jefferies analyst Dennis Ding reiterated a Buy rating on Cara Therapeutics and maintained an $18 price target.
The reiteration of a Buy rating and maintenance of an $18 price target by Jefferies analyst Dennis Ding indicates a positive outlook for Cara Therapeutics. This could lead to increased investor confidence and a potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100