Lake Street Maintains Buy on Assertio Holdings, Lowers Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
Lake Street analyst Thomas Flaten maintains a Buy rating on Assertio Holdings (NASDAQ:ASRT) but lowers the price target from $4 to $3.

March 12, 2024 | 4:12 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Lake Street analyst Thomas Flaten maintains a Buy rating on Assertio Holdings but lowers the price target from $4 to $3.
While the maintenance of a Buy rating suggests continued confidence in Assertio Holdings' fundamentals, the reduction in the price target could signal a reassessment of the company's near-term growth prospects or market conditions. This mixed signal might lead to short-term uncertainty among investors, potentially causing minor fluctuations in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100