HC Wainwright & Co. Reiterates Buy on Silence Therapeutics, Maintains $75 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Patrick Trucchio has reiterated a Buy rating on Silence Therapeutics (NASDAQ:SLN) and maintained a $75 price target.
February 22, 2024 | 2:04 pm
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POSITIVE IMPACT
Silence Therapeutics maintains a Buy rating and a $75 price target from HC Wainwright & Co., indicating strong confidence in the company's future performance.
The reiteration of a Buy rating and maintenance of a $75 price target by a reputable analyst firm like HC Wainwright & Co. suggests a strong bullish outlook for Silence Therapeutics. This endorsement is likely to positively influence investor sentiment and could lead to a short-term uptick in SLN's stock price, especially considering the high price target in comparison to current levels.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100