HC Wainwright & Co. Maintains Buy on Nkarta, Raises Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Emily Bodnar has reaffirmed a Buy rating on Nkarta (NASDAQ:NKTX) and increased the price target from $10 to $22.
January 16, 2024 | 9:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Nkarta's stock may see a positive short term impact due to HC Wainwright & Co.'s Buy rating reaffirmation and a significant price target increase from $10 to $22.
Analyst ratings and price target adjustments can significantly influence investor sentiment and stock prices. The doubling of the price target by a reputable analyst firm like HC Wainwright & Co. suggests a strong conviction in Nkarta's potential, which could lead to increased investor interest and a rise in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100