Citigroup Maintains Buy on Establishment Labs Hldgs, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Joanne Wuensch has maintained a Buy rating on Establishment Labs Holdings (ESTA) and increased the price target from $49 to $60.
April 03, 2024 | 3:46 pm
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POSITIVE IMPACT
Citigroup has reaffirmed its Buy rating on Establishment Labs Holdings and raised its price target from $49 to $60.
The upgrade in price target by a reputable analyst like Joanne Wuensch from Citigroup is a strong positive signal for ESTA. It suggests confidence in the company's future performance and growth prospects, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100