HC Wainwright & Co. Reiterates Buy on American Res, Maintains $3.5 Price Target
Portfolio Pulse from richadhand@benzinga.com
HC Wainwright & Co. analyst Heiko Ihle has reiterated a 'Buy' rating on American Res (NASDAQ:AREC) and maintained a price target of $3.5.
June 29, 2023 | 10:09 am
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HC Wainwright & Co. has reiterated a 'Buy' rating on American Res (NASDAQ:AREC) and maintained a price target of $3.5.
The reiteration of a 'Buy' rating by HC Wainwright & Co. indicates their continued confidence in the company's performance. The maintained price target of $3.5 suggests that they believe the stock is still undervalued, which could lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100