Cantor Fitzgerald Maintains Overweight Rating for SI-BONE: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Cantor Fitzgerald has maintained its Overweight rating for SI-BONE (NASDAQ:SIBN) but lowered its price target from $30.00 to $25.00. SI-BONE's shares are currently trading up 2.92% at $17.99 per share. A move to $25.00 would represent a 38.97% increase from the current share price.
November 07, 2023 | 5:01 pm
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Cantor Fitzgerald has maintained its Overweight rating for SI-BONE but lowered its price target. This could potentially lead to increased investor interest and a rise in the stock price.
The Overweight rating indicates that Cantor Fitzgerald believes SI-BONE's stock will outperform the market in the future. However, the lowering of the price target may indicate a tempered expectation of the stock's future performance. This could lead to increased investor interest, potentially driving the stock price up in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100