HC Wainwright & Co. Maintains Buy on Biora Therapeutics, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Joseph Pantginis maintains a 'Buy' rating on Biora Therapeutics (NASDAQ:BIOR) but has lowered the price target from $65 to $50.

October 02, 2023 | 11:01 am
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NEUTRAL IMPACT
Despite the lowered price target from $65 to $50, HC Wainwright & Co. maintains a 'Buy' rating on Biora Therapeutics.
The lowered price target could potentially indicate a perceived decrease in Biora Therapeutics' future performance. However, the maintained 'Buy' rating suggests that the analyst still sees potential upside, which could balance out any negative sentiment from the lowered target. The short-term impact on the stock price is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100