HC Wainwright & Co. Maintains Buy on Citius Pharma, Lowers Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Vernon Bernardino maintains a 'Buy' rating on Citius Pharma (NASDAQ:CTXR) but lowers the price target from $6 to $4.
August 01, 2023 | 11:41 am
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Citius Pharma's price target has been lowered from $6 to $4 by HC Wainwright & Co., though the 'Buy' rating is maintained.
The lowering of the price target for Citius Pharma by HC Wainwright & Co. could potentially lead to a negative sentiment among investors, which may put downward pressure on the stock price in the short term. However, the maintained 'Buy' rating indicates that the analyst still sees potential in the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100