HC Wainwright & Co. Reiterates Buy on Cybin, Maintains $10 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Patrick Trucchio has reiterated a 'Buy' rating on Cybin (AMEX:CYBN) and maintained a $10 price target.
June 30, 2023 | 3:52 pm
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POSITIVE IMPACT
Cybin's stock rating has been reiterated as 'Buy' by HC Wainwright & Co. with a maintained price target of $10.
The reiteration of a 'Buy' rating by a reputable analyst firm like HC Wainwright & Co. is a positive signal for investors. The maintained price target of $10 also indicates their confidence in the stock's potential. This could lead to increased investor confidence and potentially a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100