Stifel Maintains Buy on Nyxoah, Raises Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Jonathan Block has maintained a Buy rating on Nyxoah (NASDAQ:NYXH) and increased the price target from $20 to $27, indicating a positive outlook on the company's stock.
March 20, 2024 | 11:17 am
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Stifel analyst Jonathan Block has reaffirmed a Buy rating on Nyxoah and raised the price target from $20 to $27, signaling confidence in the company's future performance.
The increase in price target by a reputable analyst such as Jonathan Block from Stifel suggests a strong belief in Nyxoah's potential for growth and profitability. This endorsement is likely to positively influence investor sentiment and could lead to an increase in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100