Truist Securities Maintains Buy on Beyond Air, Lowers Price Target to $10-Report Released on 13th Nov 2023
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Gregory Fraser has maintained a Buy rating on Beyond Air (NASDAQ:XAIR) but reduced the price target from $14 to $10 as reported on November 13, 2023.
November 14, 2023 | 3:38 pm
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NEUTRAL IMPACT
Beyond Air's stock may experience a mixed short-term impact due to Truist Securities maintaining a Buy rating but lowering the price target from $14 to $10.
While the maintenance of a Buy rating is positive, the reduction in the price target could signal a tempered outlook on the company's future performance, potentially leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100