Wedbush Maintains Outperform on MoonLake, Raises Price Target to $92
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Andreas Argyrides has maintained an Outperform rating on MoonLake (NASDAQ:MLTX) and increased the price target from $86 to $92.
November 16, 2023 | 2:13 pm
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Wedbush analyst Andreas Argyrides has reaffirmed MoonLake's Outperform rating and raised the price target to $92, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's future performance and can lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100