Stephens & Co. Reiterates Overweight on Societal CDMO, Maintains $2.5 Price Target
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Jacob Johnson has reiterated an Overweight rating on Societal CDMO (NASDAQ:SCTL) and maintained a $2.5 price target.
August 15, 2023 | 1:23 pm
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Stephens & Co. has reiterated an Overweight rating on Societal CDMO and maintained a $2.5 price target.
The reiteration of an Overweight rating by Stephens & Co. indicates their positive outlook on Societal CDMO. The maintained price target of $2.5 suggests that they believe the stock is currently undervalued. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100