Watching Adial Pharmaceuticals; Brookline Capital Markets Says 'We Believe The Announcement Of A New Patent Issuance Increases The Potential For Partners To Engage With The Company' Reiterates Buy And $26 Price Target"
Portfolio Pulse from Benzinga Newsdesk
Brookline Capital Markets has reiterated a 'Buy' rating and a $26 price target for Adial Pharmaceuticals following the announcement of a new patent issuance. This development is seen as increasing the potential for partners to engage with the company.

February 14, 2024 | 6:21 pm
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Adial Pharmaceuticals receives a 'Buy' rating and a $26 price target from Brookline Capital Markets, following a new patent issuance.
The issuance of a new patent is a significant positive development for Adial Pharmaceuticals, as it not only enhances the company's intellectual property portfolio but also increases its attractiveness to potential partners. Brookline Capital Markets' reiteration of a 'Buy' rating and a $26 price target reflects confidence in the company's future prospects, likely leading to increased investor interest and potentially a positive impact on the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100