Benchmark Maintains Buy on Nutex Health, Lowers Price Target to $1.5
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Bill Sutherland has maintained a Buy rating on Nutex Health (NASDAQ:NUTX) but has reduced the price target from $2.5 to $1.5.

November 14, 2023 | 2:16 pm
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Benchmark analyst maintains a Buy rating on Nutex Health but lowers the price target from $2.5 to $1.5, indicating a potential downside from the previous target.
The reduction in price target by Benchmark analyst Bill Sutherland could lead to a negative short-term impact on Nutex Health's stock price as it suggests a lower expected future price, despite maintaining a Buy rating. Investors may perceive this as a sign of reduced growth prospects or potential challenges ahead.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100