HC Wainwright & Co. Reiterates Buy on Mogo, Maintains $12 Price Target
Portfolio Pulse from richadhand@benzinga.com
HC Wainwright & Co. analyst Scott Buck has reiterated a 'Buy' rating on Mogo (NASDAQ:MOGO) and maintained a $12 price target.
August 11, 2023 | 4:55 pm
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HC Wainwright & Co. has reiterated a 'Buy' rating on Mogo and maintained a $12 price target, which could positively impact the stock's performance.
The reiteration of a 'Buy' rating by a reputable analyst firm like HC Wainwright & Co. typically instills confidence in investors and can lead to increased demand for the stock. The maintained price target of $12 also suggests that the firm believes the stock has potential for growth, which could further drive demand and positively impact the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100