HC Wainwright & Co. Maintains Buy on MoonLake, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Raghuram Selvaraju maintains a Buy rating on MoonLake (NASDAQ:MLTX) and raises the price target from $75 to $100.
March 11, 2024 | 11:17 am
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POSITIVE IMPACT
HC Wainwright & Co. analyst Raghuram Selvaraju maintains a Buy rating on MoonLake and raises the price target from $75 to $100.
The increase in the price target by a reputable analyst suggests a strong confidence in MoonLake's future performance, likely leading to positive investor sentiment and a potential increase in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100