HC Wainwright & Co. Reiterates Buy on Oncolytics Biotech, Maintains $5 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Patrick Trucchio has reiterated a Buy rating on Oncolytics Biotech (NASDAQ:ONCY), maintaining a $5 price target on the stock.
February 14, 2024 | 6:45 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
HC Wainwright & Co. reaffirms a Buy rating on Oncolytics Biotech with a $5 price target.
The reiteration of a Buy rating and a maintained price target of $5 by a reputable analyst firm like HC Wainwright & Co. is likely to instill confidence among investors and could lead to a positive short-term impact on the stock price of Oncolytics Biotech. Analyst ratings, especially those that are positive, tend to influence market perception and investor sentiment, potentially driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100