HC Wainwright & Co. Reiterates Buy on Opthea, Maintains $14 Price Target
Portfolio Pulse from richadhand@benzinga.com
HC Wainwright & Co. analyst Matthew Caufield has reiterated a 'Buy' rating on Opthea (NASDAQ:OPT) and maintained a $14 price target.
August 01, 2023 | 10:17 am
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Opthea's stock rating has been reiterated as 'Buy' by HC Wainwright & Co. with a maintained price target of $14.
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 $14 indicates the firm's confidence in the stock's potential to reach this price, which could drive investor interest and potentially boost the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100