HC Wainwright & Co. Maintains Buy on Acurx Pharmaceuticals, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Ed Arce maintains a 'Buy' rating on Acurx Pharmaceuticals (NASDAQ:ACXP) but lowers the price target from $14 to $13.
August 15, 2023 | 11:15 am
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NEUTRAL IMPACT
Acurx Pharmaceuticals' price target has been lowered from $14 to $13 by HC Wainwright & Co., though the 'Buy' rating is maintained.
The news is directly about Acurx Pharmaceuticals and is likely to influence investor sentiment. The lowering of the price target might be seen as a negative signal, but the maintained 'Buy' rating indicates continued confidence in the company's prospects. The net impact on the stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100