Piper Sandler Maintains Neutral on Sonendo, Lowers Price Target to $0.4-Report released on 8th Nov 2023
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Jason Bednar has maintained a Neutral rating on Sonendo (NYSE:SONX) and lowered the price target from $1 to $0.4.
November 09, 2023 | 9:07 pm
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Piper Sandler has maintained a Neutral rating on Sonendo and lowered the price target from $1 to $0.4, which could impact the stock's performance.
The lowering of the price target by Piper Sandler from $1 to $0.4 indicates a bearish outlook for Sonendo. This could lead to a decrease in the stock's price in the short term as it adjusts to the new price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100