HC Wainwright & Co. Reiterates Buy on Galecto, Maintains $12 Price Target
Portfolio Pulse from richadhand@benzinga.com
HC Wainwright & Co. analyst Raghuram Selvaraju has reiterated a 'Buy' rating on Galecto (NASDAQ:GLTO) and maintained a $12 price target.
August 01, 2023 | 10:25 am
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HC Wainwright & Co. has reiterated a 'Buy' rating on Galecto and maintained a $12 price target.
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 $12 also indicates their confidence in the stock's potential. This could lead to increased investor interest and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100