HC Wainwright & Co. Maintains Buy on Entrada Therapeutics, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Raghuram Selvaraju has maintained a Buy rating on Entrada Therapeutics (NASDAQ:TRDA) but has reduced the price target from $25 to $20.

November 27, 2023 | 12:26 pm
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HC Wainwright & Co. maintains a Buy rating on Entrada Therapeutics but lowers the price target from $25 to $20.
While the Buy rating indicates continued confidence in Entrada Therapeutics' potential, the reduction in price target may reflect a reassessment of near-term growth expectations or perceived risks. This could lead to mixed reactions in the short term, as investors weigh the positive endorsement against the lowered price expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100