HC Wainwright & Co. Maintains Buy on Halozyme Therapeutics, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Mitchell Kapoor maintains a 'Buy' rating on Halozyme Therapeutics (NASDAQ:HALO) but lowers the price target from $61 to $60.
August 15, 2023 | 11:13 am
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NEUTRAL IMPACT
Halozyme Therapeutics' price target has been lowered from $61 to $60 by HC Wainwright & Co., but the 'Buy' rating is maintained.
The news is directly related to Halozyme Therapeutics. The lowering of the price target might indicate a slightly less optimistic outlook for the company's stock, but the maintained 'Buy' rating suggests that the analyst still sees potential for the stock's growth. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100