Cantor Fitzgerald Maintains Overweight on Rezolute, Lowers Price Target to $5
Portfolio Pulse from richadhand@benzinga.com
Cantor Fitzgerald analyst Pete Stavropoulos has maintained an Overweight rating on Rezolute (NASDAQ:RZLT) but lowered the price target from $7 to $5.
June 28, 2023 | 2:41 pm
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Rezolute's price target has been lowered from $7 to $5 by Cantor Fitzgerald, though the Overweight rating is maintained.
The lowering of the price target by Cantor Fitzgerald could lead to a negative sentiment among investors, potentially causing a short-term decrease in Rezolute's stock price. However, the maintained Overweight rating indicates that the analyst still sees potential in the stock.
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IMPORTANCE 80
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