Citigroup Maintains Buy on Aldeyra Therapeutics, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Yigal Nochomovitz maintains a Buy rating on Aldeyra Therapeutics (NASDAQ:ALDX) but lowers the price target from $25 to $8.

October 17, 2023 | 3:24 pm
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Citigroup maintains a Buy rating on Aldeyra Therapeutics but lowers the price target from $25 to $8.
The news is directly related to Aldeyra Therapeutics and is likely to impact its stock price. While the maintained Buy rating is positive, the significant reduction in price target from $25 to $8 may create uncertainty among investors, potentially leading to short-term volatility in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100