Wedbush Reiterates Outperform on MoonLake, Maintains $92 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Andreas Argyrides reiterates an Outperform rating on MoonLake (NASDAQ:MLTX) and maintains a $92 price target.
March 01, 2024 | 1:40 pm
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Wedbush analyst Andreas Argyrides reiterates an Outperform rating on MoonLake and maintains a $92 price target.
The reiteration of an Outperform rating and maintenance of a high price target by a reputable analyst suggests strong confidence in MoonLake's future performance. This is likely to positively influence investor sentiment and could lead to an increase in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100