Needham Reiterates Buy on MoonLake, Maintains $66 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Serge Belanger has reiterated a Buy rating on MoonLake (NASDAQ:MLTX) and maintained a $66 price target.

March 01, 2024 | 10:28 am
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Needham analyst Serge Belanger reiterates a Buy rating on MoonLake and maintains a $66 price target.
The reiteration of a Buy rating and maintenance of a $66 price target by a reputable analyst like Serge Belanger from Needham is likely to instill confidence among investors and could lead to a positive short term impact on MoonLake's stock price. Analyst ratings, especially from well-regarded financial institutions, can significantly influence investor sentiment and stock prices.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100