Lake Street Initiates Coverage On Elutia with Buy Rating, Announces Price Target of $3
Portfolio Pulse from Benzinga Newsdesk
Lake Street analyst Frank Takkinen has initiated coverage on Elutia (NASDAQ:ELUT) with a Buy rating and a price target of $3.
September 28, 2023 | 2:19 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Elutia has received a Buy rating from Lake Street analyst Frank Takkinen, with a price target of $3.
The initiation of coverage by an analyst usually brings attention to the stock. A Buy rating suggests that the analyst believes the stock will perform well in the future. The price target of $3 indicates where the analyst believes the stock price will reach. This news is likely to have a positive impact on Elutia's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100