HC Wainwright & Co. Maintains Buy on Cybin, Maintains $5 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Patrick Trucchio has maintained a Buy rating on Cybin (AMEX:CYBN) with a price target of $5. This reaffirms the firm's positive outlook on the company.
March 13, 2024 | 3:32 pm
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POSITIVE IMPACT
HC Wainwright & Co. maintains a Buy rating on Cybin with a $5 price target, indicating a strong positive outlook.
The maintenance of a Buy rating and a $5 price target by a reputable analyst firm like HC Wainwright & Co. suggests a strong conviction in Cybin's potential for growth. This could positively influence investor sentiment and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100