HC Wainwright & Co. Reiterates Buy on Clene, Maintains $7 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Joseph Pantginis has reiterated a Buy rating on Clene Inc. (NASDAQ:CLNN) and maintained a price target of $7. The reaffirmation of the Buy rating and price target suggests continued confidence in the company's prospects.
December 21, 2023 | 1:34 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
HC Wainwright & Co. analyst Joseph Pantginis has reiterated a Buy rating on Clene Inc. (NASDAQ:CLNN) with a maintained price target of $7, indicating a positive outlook on the stock.
The reiteration of a Buy rating by a prominent analyst can have a positive impact on investor sentiment and potentially lead to a short-term increase in the stock price. The maintained price target of $7 suggests that the analyst sees significant upside potential from the current trading price, which could encourage investors to buy.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100