HC Wainwright & Co. Maintains Neutral on Karuna Therapeutics, Maintains $330 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Raghuram Selvaraju has maintained a Neutral rating on Karuna Therapeutics (NASDAQ:KRTX) and kept the price target at $330.

March 14, 2024 | 1:31 pm
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NEUTRAL IMPACT
Karuna Therapeutics maintains a Neutral rating and a $330 price target by HC Wainwright & Co.
The maintenance of a Neutral rating and a $330 price target by a reputable analyst firm like HC Wainwright & Co. suggests a stable outlook for Karuna Therapeutics. This indicates that the analyst sees the current valuation as fair, implying no significant short-term price movement is expected. However, the reaffirmation of the price target could provide some support to the stock price, maintaining investor confidence.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100