B. Riley Securities Reiterates Buy on TG Therapeutics, Lowers Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Mayank Mamtani has reiterated a 'Buy' rating on TG Therapeutics (NASDAQ:TGTX), but lowered the price target from $42 to $32.
August 04, 2023 | 9:44 am
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NEUTRAL IMPACT
Despite a lowered price target, TG Therapeutics maintains a 'Buy' rating from B. Riley Securities, indicating continued confidence in the company's potential.
The lowered price target may cause some short-term uncertainty among investors, potentially impacting the stock price. However, the maintained 'Buy' rating indicates that the analyst still sees potential in the company, which could balance out any negative impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100