Wedbush Maintains Outperform on Astria Therapeutics, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Laura Chico maintains an Outperform rating on Astria Therapeutics (NASDAQ:ATXS) but lowers the price target from $25 to $18.
October 13, 2023 | 3:22 pm
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Astria Therapeutics' price target has been lowered from $25 to $18 by Wedbush, though the Outperform rating is maintained.
The lowering of the price target by Wedbush indicates a potential decrease in the short-term value of Astria Therapeutics' stock. However, the maintained Outperform rating suggests that the stock is still expected to outperform the market, which could mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100