Roth MKM Maintains Buy on ProSomnus, Lowers Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Scott Henry maintains a 'Buy' rating on ProSomnus (NASDAQ:OSA) but has lowered the price target from $6 to $4.
September 26, 2023 | 1:47 pm
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NEGATIVE IMPACT
ProSomnus's price target has been lowered from $6 to $4 by Roth MKM, though the 'Buy' rating is maintained.
The lowering of the price target by Roth MKM could lead to a negative sentiment among investors, potentially causing a short-term drop in ProSomnus's stock price. However, the maintained 'Buy' rating might mitigate this impact to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100