Needham Reiterates Buy on MoonLake, Maintains $76 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Serge Belanger has reiterated a 'Buy' rating on MoonLake (NASDAQ:MLTX) and maintained a price target of $76.
October 16, 2023 | 10:12 am
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MoonLake's stock rating has been reiterated as 'Buy' by Needham analyst Serge Belanger, with a maintained price target of $76.
The reiteration of a 'Buy' rating by a reputable analyst like Serge Belanger is a positive signal for investors. The maintained price target of $76 indicates that the analyst believes the stock has potential for growth, which could lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100