HC Wainwright & Co. Maintains Buy on ZyVersa Therapeutics, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Ed Arce maintains a Buy rating on ZyVersa Therapeutics (NASDAQ:ZVSA) but lowers the price target from $24 to $12.

March 12, 2024 | 12:24 pm
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ZyVersa Therapeutics' price target was lowered from $24 to $12 by HC Wainwright & Co., although the Buy rating was maintained.
The reduction in price target could suggest a reassessment of ZyVersa Therapeutics' near-term prospects or market conditions, potentially leading to short-term price volatility. However, maintaining a Buy rating indicates the analyst's belief in the company's long-term value, which could mitigate negative short-term impacts.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100