HC Wainwright & Co. Maintains Buy on Delcath Systems, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Swayampakula Ramakanth maintains a Buy rating on Delcath Systems (NASDAQ:DCTH) and raises the price target from $18 to $20.
March 27, 2024 | 10:24 am
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Delcath Systems' Buy rating is maintained by HC Wainwright & Co., with the price target increased from $18 to $20.
The maintenance of a Buy rating combined with an increased price target typically signals a positive outlook on the stock from the analyst's perspective. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100