HC Wainwright & Co. Reiterates Buy on Iterum Therapeutics, Maintains $6 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Ed Arce has reiterated a Buy rating on Iterum Therapeutics (NASDAQ:ITRM) and maintained a $6 price target.
March 06, 2024 | 5:05 pm
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POSITIVE IMPACT
Iterum Therapeutics maintains a Buy rating and a $6 price target from HC Wainwright & Co., indicating strong analyst confidence.
The reiteration of a Buy rating and maintenance of a $6 price target by a reputable analyst firm like HC Wainwright & Co. typically signals strong confidence in the company's future performance. This endorsement can positively influence investor sentiment and potentially lead to an increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100