Craig-Hallum Maintains Buy on Avadel Pharmaceuticals, Raises Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Chase Knickerbocker maintains a Buy rating on Avadel Pharmaceuticals (NASDAQ:AVDL) and raises the price target from $20 to $22.

March 05, 2024 | 2:22 pm
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Craig-Hallum analyst Chase Knickerbocker maintains a Buy rating on Avadel Pharmaceuticals and raises the price target from $20 to $22.
The maintenance of a Buy rating combined with an increased price target from $20 to $22 by a reputable analyst suggests a positive outlook on Avadel Pharmaceuticals' stock. This endorsement is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100