HC Wainwright & Co. Maintains Buy on Aadi Bioscience, Lowers Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Robert Burns has maintained a Buy rating on Aadi Bioscience (NASDAQ:AADI) but has reduced the price target from $45 to $36.
November 13, 2023 | 11:15 pm
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Aadi Bioscience's Buy rating is maintained by HC Wainwright & Co., but the price target is lowered from $45 to $36.
The reduction in the price target by HC Wainwright & Co. could lead to a negative perception among investors, potentially causing a short-term decline in Aadi Bioscience's stock price. However, the maintenance of a Buy rating suggests underlying confidence in the company's fundamentals, which may mitigate some negative impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100