HC Wainwright & Co. Maintains Buy on Cabaletta Bio, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Douglas Tsao maintains a Buy rating on Cabaletta Bio (NASDAQ:CABA) and raises the price target from $25 to $30.

March 22, 2024 | 2:55 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Cabaletta Bio's Buy rating is maintained by HC Wainwright & Co., with the price target increased from $25 to $30.
The maintenance of a Buy rating combined with an increase in the price target from $25 to $30 by a reputable analyst firm like HC Wainwright & Co. suggests a strong confidence in Cabaletta Bio's future performance. This positive outlook is likely to influence investor sentiment positively in the short term, potentially leading to an increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100