HC Wainwright & Co. Reiterates Buy on Arbutus Biopharma, Maintains $6 Price Target
Portfolio Pulse from richadhand@benzinga.com
HC Wainwright & Co. analyst Ed Arce has reiterated a 'Buy' rating on Arbutus Biopharma (NASDAQ:ABUS), maintaining a price target of $6.

August 04, 2023 | 3:00 pm
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Arbutus Biopharma's stock may see positive movement as HC Wainwright & Co. maintains a 'Buy' rating with a $6 price target.
Analyst ratings often influence the short-term price movement of stocks. A reiterated 'Buy' rating indicates confidence in the company's performance, which can attract investors and potentially drive the stock price up. The maintained price target of $6 also suggests that the analyst sees potential for growth in the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100