HC Wainwright & Co. Reiterates Buy on Alto Ingredients, Maintains $5.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Amit Dayal reiterates a Buy rating on Alto Ingredients (NASDAQ:ALTO) with a maintained price target of $5.5.
March 12, 2024 | 10:48 am
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HC Wainwright & Co. reaffirms a Buy rating on Alto Ingredients with a steady price target of $5.5.
The reiteration of a Buy rating and maintenance of a $5.5 price target by a reputable analyst firm like HC Wainwright & Co. is likely to instill confidence among investors and could lead to a positive short-term impact on ALTO's stock price. The analyst's bullish stance suggests a strong belief in the company's fundamentals or future prospects.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100