Why Femasys Inc Stock Is Roaring Higher
Portfolio Pulse from Erica Kollmann
Femasys Inc. (NASDAQ:FEMY) stock is trading higher after HC Wainwright maintained a Buy rating and raised its price target from $5 to $13. The stock has seen heavy trading volume, with over 66 million shares traded, far exceeding the 100-day average of 7.256 million shares. Femasys is a biomedical company focused on women's healthcare solutions.
September 29, 2023 | 3:21 pm
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Femasys Inc.'s stock is trading higher due to HC Wainwright's maintained Buy rating and increased price target. The stock's trading volume has also significantly increased.
The increase in Femasys Inc.'s stock price can be attributed to the positive analyst rating and increased price target from HC Wainwright. Additionally, the surge in trading volume indicates a heightened interest in the stock, which can further drive up the price.
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