HC Wainwright & Co. Reiterates Buy on Synlogic, Maintains $5 Price Target
Portfolio Pulse from richadhand@benzinga.com
HC Wainwright & Co. analyst Ed Arce has reiterated a 'Buy' rating on Synlogic (NASDAQ:SYBX) and maintained a $5 price target.
August 11, 2023 | 10:52 am
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Synlogic's stock rating has been reiterated as 'Buy' by HC Wainwright & Co. with a maintained price target of $5.
The reiteration of a 'Buy' rating by a reputable analyst like Ed Arce from HC Wainwright & Co. is a positive signal for Synlogic. The maintained price target of $5 also indicates confidence in the company's potential. This could lead to increased investor interest and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100