Benchmark Maintains Buy on Nutex Health, Lowers Price Target to $1
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Bill Sutherland has maintained a Buy rating on Nutex Health (NASDAQ:NUTX) but has reduced the price target from $1.5 to $1.
January 25, 2024 | 3:38 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Benchmark analyst Bill Sutherland maintains a Buy rating on Nutex Health but lowers the price target from $1.5 to $1.
The reduction in the price target from $1.5 to $1 by a Benchmark analyst could lead to a negative perception among investors, potentially causing a short-term decline in Nutex Health's stock price. However, the maintenance of a Buy rating suggests underlying confidence in the company's fundamentals, which may mitigate the negative impact to some extent.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100