HC Wainwright & Co. Maintains Buy on Nextech3d AI, Lowers Price Target to $0.5
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Scott Buck has maintained a Buy rating on Nextech3d AI (OTC:NEXCF) but has reduced the price target from $1 to $0.5.
November 30, 2023 | 4:11 pm
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NEGATIVE IMPACT
HC Wainwright & Co. reaffirmed a Buy rating on Nextech3d AI but halved the price target from $1 to $0.5, indicating a potential downside according to the firm's analysis.
The reduction in price target by HC Wainwright & Co. suggests that they see less upside potential for Nextech3d AI's stock price in the short term. This could lead to a negative investor sentiment and a potential decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100