HC Wainwright & Co. Maintains Buy on Cytokinetics, Raises Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Joseph Pantginis maintains a 'Buy' rating on Cytokinetics (NASDAQ:CYTK) and raises the price target from $49 to $58.
October 20, 2023 | 11:10 am
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Cytokinetics' price target has been raised from $49 to $58 by HC Wainwright & Co., maintaining a 'Buy' rating.
The raised price target indicates the analyst's increased confidence in the company's future performance. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100