Barclays Maintains Equal-Weight on MoonLake, Raises Price Target to $59
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Leon Wang maintains an Equal-Weight rating on MoonLake (NASDAQ:MLTX) and raises the price target from $41 to $59.
September 12, 2023 | 4:15 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Barclays maintains an Equal-Weight rating on MoonLake and raises the price target from $41 to $59.
The news is directly related to MoonLake. Barclays' decision to maintain an Equal-Weight rating indicates a neutral outlook for the company. However, the increase in the price target from $41 to $59 suggests that the analyst sees potential for the stock's price to rise in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100