HC Wainwright & Co. Reiterates Buy on Genfit, Maintains $11 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Ed Arce has reiterated a Buy rating on Genfit (NASDAQ:GNFT) and maintained a price target of $11. This reaffirmation of the stock's potential could influence investor sentiment and stock performance in the short term.
December 08, 2023 | 2:39 pm
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HC Wainwright & Co. analyst Ed Arce has reiterated a Buy rating on Genfit, with a maintained price target of $11, potentially affecting the company's stock positively in the short term.
The reiteration of a Buy rating by a reputable analyst typically instills confidence in investors and can lead to a positive short term impact on the stock price. The maintained price target of $11 suggests a significant upside from the current trading price, which could further encourage buying activity.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100