HC Wainwright & Co. Maintains Buy on MoonLake, Raises Price Target to $75
Portfolio Pulse from richadhand@benzinga.com
HC Wainwright & Co. analyst Raghuram Selvaraju maintains a Buy rating on MoonLake (NASDAQ:MLTX) and raises the price target from $37 to $75.
July 17, 2023 | 10:18 am
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MoonLake's price target has been raised from $37 to $75 by HC Wainwright & Co., maintaining a Buy rating.
The raised price target indicates the analyst's increased confidence in the company's future performance. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100