Piper Sandler Maintains Overweight on Glaukos, Raises Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Matt O'Brien has maintained an Overweight rating on Glaukos Corporation (NYSE:GKOS) and increased the price target from $90 to $105, indicating a positive outlook on the company's stock.
December 22, 2023 | 3:36 pm
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Piper Sandler's analyst Matt O'Brien reaffirmed an Overweight rating on Glaukos and raised the price target to $105, suggesting confidence in the company's future performance.
The increase in price target by Piper Sandler reflects a bullish stance on Glaukos' stock, likely due to positive developments or expectations of strong performance. This can lead to increased investor confidence and potential short-term price appreciation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100