Piper Sandler Maintains Overweight on KORU Medical Systems, Lowers Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Jason Bednar has maintained an Overweight rating on KORU Medical Systems (NASDAQ:KRMD), but lowered the price target from $4.5 to $3.
August 04, 2023 | 1:55 pm
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NEUTRAL IMPACT
Piper Sandler has maintained an Overweight rating on KORU Medical Systems but lowered the price target from $4.5 to $3.
The news is directly related to KORU Medical Systems. While the Overweight rating is positive, the lowering of the price target might have a neutral impact on the stock as it indicates a lower future valuation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100