Stifel Maintains Buy on MoonLake, Raises Price Target to $69
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Alex Thompson has maintained a Buy rating on MoonLake (NASDAQ:MLTX) and increased the price target from $66 to $69.
December 18, 2023 | 3:37 pm
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Stifel analyst Alex Thompson reaffirmed a Buy rating on MoonLake and raised the price target to $69, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals confidence in the company's future performance and can lead to a positive short term impact on the stock price as investors react to the news.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100