HC Wainwright & Co. Maintains Buy on Lyell Immunopharma, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Mitchell Kapoor maintains a 'Buy' rating on Lyell Immunopharma (NASDAQ:LYEL) but lowers the price target from $9 to $8.
November 09, 2023 | 12:38 pm
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NEUTRAL IMPACT
Despite the lowered price target from $9 to $8, HC Wainwright & Co. maintains a 'Buy' rating on Lyell Immunopharma.
The news is directly related to Lyell Immunopharma and is likely to influence investor sentiment. While the 'Buy' rating is maintained, the lowered price target may indicate a slightly less optimistic outlook for the company's stock in the short term. However, the overall impact is neutral as the 'Buy' rating suggests that the analyst still sees potential upside.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100