Oppenheimer Reiterates Outperform on Cybin, Maintains $4 Price Target
Portfolio Pulse from richadhand@benzinga.com
Oppenheimer analyst Francois Brisebois has reiterated his 'Outperform' rating on Cybin (AMEX:CYBN) and maintained a $4 price target.
August 30, 2023 | 11:47 am
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Oppenheimer analyst has reiterated an 'Outperform' rating on Cybin, maintaining a $4 price target.
The reiteration of an 'Outperform' rating by a reputable analyst like Francois Brisebois from Oppenheimer is a positive signal for Cybin. The maintained price target of $4 also indicates a positive outlook for the stock. This could potentially lead to an increase in investor confidence and a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100