HC Wainwright & Co. Reiterates Buy on 89bio, Maintains $35 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Ed Arce has reiterated a Buy rating on 89bio (NASDAQ:ETNB) and maintained a $35 price target for the company's stock.

November 28, 2023 | 12:19 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
HC Wainwright & Co. analyst Ed Arce has reiterated a Buy rating on 89bio and maintained a $35 price target, which could positively influence the stock's performance in the short term.
Analyst ratings, especially from reputable firms like HC Wainwright & Co., can significantly impact investor sentiment and stock prices in the short term. The reiteration of a Buy rating and a price target that is presumably higher than the current trading price suggests a positive outlook for ETNB, which could lead to an increase in the stock price as investors react to the analyst's recommendation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100