Wedbush Reiterates Outperform on MoonLake, Maintains $86 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Andreas Argyrides has reiterated an Outperform rating on MoonLake (NASDAQ:MLTX) and maintained a price target of $86.
October 16, 2023 | 1:14 pm
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MoonLake's stock is expected to perform well as Wedbush analyst maintains an Outperform rating and a price target of $86.
The Outperform rating from Wedbush indicates that the analyst expects MoonLake to do better than the overall market. The maintained price target of $86 suggests that the analyst believes the stock has potential for growth. This positive outlook could lead to increased investor interest and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100