HC Wainwright & Co. Maintains Buy on Vericel, Raises Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Swayampakula Ramakanth maintains a Buy rating on Vericel (NASDAQ:VCEL) and raises the price target from $46 to $53.
March 01, 2024 | 12:33 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
HC Wainwright & Co. maintains a Buy rating on Vericel and increases the price target from $46 to $53.
The upgrade in the price target by a reputable analyst firm like HC Wainwright & Co. typically signals a strong bullish outlook on the stock, suggesting that the analyst sees more upside potential. This can often lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100