Roth MKM Maintains Buy Rating for ProSomnus: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Roth MKM has maintained its Buy rating for ProSomnus (NASDAQ:OSA) but lowered its price target from $6.00 to $4.00. ProSomnus's shares are currently trading down 4.08% at $0.94 per share. A move to $4.00 would represent a 325.53% increase from the current share price.
September 26, 2023 | 5:00 pm
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NEUTRAL IMPACT
Roth MKM maintains its Buy rating for ProSomnus but lowers its price target. This could potentially lead to increased volatility in the stock's price.
The lowered price target by Roth MKM could lead to increased volatility in the stock's price. However, the maintained Buy rating suggests that the analyst still sees potential in the company. This could lead to mixed reactions in the market, causing fluctuations in the stock's price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100