HC Wainwright & Co. Maintains Buy on Nkarta, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Emily Bodnar maintains a Buy rating on Nkarta (NASDAQ:NKTX) but lowers the price target from $22 to $20.

March 22, 2024 | 11:06 am
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NEUTRAL IMPACT
Nkarta's Buy rating is maintained by HC Wainwright & Co., but the price target is reduced from $22 to $20.
While the maintenance of a Buy rating indicates continued confidence in Nkarta's potential, the reduction in the price target could signal a reassessment of near-term growth expectations or perceived risks. This mixed signal might lead to short-term market uncertainty for NKTX, but the overall positive stance suggests underlying strength.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100