Roth MKM Initiates Coverage On Stereotaxis with Buy Rating, Announces Price Target of $5
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Jason Wittes has initiated coverage on Stereotaxis (AMEX:STXS) with a Buy rating and set a price target of $5 for the company's stock.
January 10, 2024 | 12:05 pm
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Roth MKM has initiated coverage on Stereotaxis with a Buy rating and a price target of $5, which could positively influence investor sentiment and the stock's price.
Analyst coverage, especially with a Buy rating, tends to generate positive investor sentiment, potentially leading to an increase in stock price. The price target of $5 suggests a significant upside from current levels, assuming the stock is trading below that target.
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