Stifel Maintains Buy on Nyxoah, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Jonathan Block has maintained a Buy rating on Nyxoah (NASDAQ:NYXH) and doubled the price target from $10 to $20, indicating a positive outlook on the company's future performance.
March 05, 2024 | 1:42 pm
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Stifel analyst Jonathan Block reaffirms a Buy rating on Nyxoah and increases the price target to $20 from $10.
The doubling of the price target by a reputable analyst suggests a strong confidence in Nyxoah's future performance. This significant increase is likely to instill positive sentiment among investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100