Oppenheimer Maintains Outperform on Achieve Life Sciences, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Francois Brisebois has maintained an Outperform rating on Achieve Life Sciences (NASDAQ:ACHV) but has reduced the price target from $21 to $18.
December 12, 2023 | 11:30 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Oppenheimer analyst maintains Outperform rating on Achieve Life Sciences but lowers price target from $21 to $18.
The reduction in price target by Oppenheimer may lead to a negative short-term impact on ACHV's stock price as it suggests a lower expected future price, despite maintaining an Outperform rating. Investors may perceive the lowered target as a sign of reduced growth prospects or potential challenges ahead.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100