HC Wainwright & Co. Maintains Buy on Esperion Therapeutics, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Joseph Pantginis maintains a Buy rating on Esperion Therapeutics (NASDAQ:ESPR) but lowers the price target from $22 to $16.
February 28, 2024 | 6:21 pm
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Esperion Therapeutics' price target was lowered from $22 to $16 by HC Wainwright & Co., although the Buy rating was maintained.
While the reduction in price target from $22 to $16 by HC Wainwright & Co. suggests a more conservative outlook on Esperion Therapeutics' future stock performance, the maintenance of a Buy rating indicates continued confidence in the company's fundamentals. This mixed signal could lead to short-term uncertainty among investors, potentially stabilizing the stock price as the market digests the news.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100