Cantor Fitzgerald Maintains Overweight on Nyxoah, Lowers Price Target to $11
Portfolio Pulse from richadhand@benzinga.com
Cantor Fitzgerald analyst Steven Halper has maintained an Overweight rating on Nyxoah (NASDAQ:NYXH) but lowered the price target from $12 to $11.
August 09, 2023 | 5:51 pm
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NEGATIVE IMPACT
Nyxoah's price target has been lowered from $12 to $11 by Cantor Fitzgerald, though the Overweight rating is maintained.
The lowering of the price target by Cantor Fitzgerald could lead to a negative sentiment among investors, potentially causing a short-term decrease in the stock price. However, the maintained Overweight rating indicates that the analyst still sees potential in the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100