Stifel Initiates Coverage On Soleno Therapeutics with Buy Rating, Announces Price Target of $63
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Dae Gon Ha has initiated coverage on Soleno Therapeutics (NASDAQ:SLNO) with a Buy rating and set a price target of $63.
January 23, 2024 | 9:39 am
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Stifel has initiated coverage on Soleno Therapeutics with a Buy rating and a price target of $63, which could positively influence the stock's performance.
Analyst ratings, especially from reputable firms like Stifel, can significantly impact a stock's short-term performance. A Buy rating combined with a high price target suggests a strong bullish outlook for Soleno Therapeutics, which may lead to increased investor interest and a potential rise in the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100