HC Wainwright & Co. Maintains Buy on My Size, Lowers Price Target to $1.5
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Kevin Dede has maintained a Buy rating on My Size (NASDAQ:MYSZ) but has reduced the price target from $3 to $1.5.
November 21, 2023 | 11:06 am
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NEUTRAL IMPACT
HC Wainwright & Co. analyst maintains a Buy rating on My Size but cuts the price target from $3 to $1.5, indicating a potential downside but still positive outlook.
The reduction in price target suggests that there may be some concerns about My Size's future performance or market conditions that could pressure the stock. However, maintaining a Buy rating implies that the analyst still sees long-term value in the company. This mixed signal could lead to short-term uncertainty among investors, potentially resulting in neutral impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100