Eloxx Pharmaceuticals shares are trading higher after Oppenheimer maintained an Outperform rating on the stock and raised its price target from $50 to $55.
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer has maintained an Outperform rating on Eloxx Pharmaceuticals and raised its price target from $50 to $55. This has led to a rise in Eloxx's share prices.
July 11, 2023 | 12:45 pm
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Eloxx Pharmaceuticals' stock is trading higher after Oppenheimer maintained an Outperform rating and raised its price target from $50 to $55.
The positive rating and increased price target by Oppenheimer, a reputable financial institution, indicates strong confidence in Eloxx Pharmaceuticals. This is likely to attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100