HC Wainwright & Co. Upgrades Intercept Pharma to Buy, Raises Price Target to $19
Portfolio Pulse from richadhand@benzinga.com
HC Wainwright & Co. analyst Ed Arce has upgraded Intercept Pharma (NASDAQ:ICPT) from Sell to Buy and raised the price target from $8 to $19.
July 13, 2023 | 10:29 am
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Intercept Pharma has been upgraded from Sell to Buy by HC Wainwright & Co. and the price target has been raised from $8 to $19.
The upgrade from Sell to Buy indicates a positive outlook for Intercept Pharma. The significant increase in the price target from $8 to $19 suggests that the analyst sees substantial upside potential for the stock. This could lead to increased investor interest and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100