HC Wainwright & Co. Reiterates Buy on Absci, Maintains $4 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Swayampakula Ramakanth has reiterated a Buy rating on Absci (NASDAQ:ABSI) and maintained a price target of $4.
November 15, 2023 | 1:28 pm
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POSITIVE IMPACT
HC Wainwright & Co. analyst reaffirms a Buy rating on Absci with a $4 price target, indicating a positive outlook on the stock.
The reiteration of a Buy rating by a reputable analyst firm like HC Wainwright & Co. typically instills confidence in investors and can lead to a positive short term impact on the stock price. The maintenance of the $4 price target suggests the analyst's continued belief in the company's potential to reach or exceed this value.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100