Wedbush Maintains Outperform on Cathay General, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst David Chiaverini maintains an Outperform rating on Cathay General (NASDAQ:CATY) and raises the price target from $40 to $45.
July 25, 2023 | 5:09 pm
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POSITIVE IMPACT
Wedbush analyst maintains an Outperform rating on Cathay General and raises the price target from $40 to $45, indicating positive sentiment towards the stock.
The raised price target by Wedbush analyst indicates a positive outlook for Cathay General. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100