B. Riley Securities Reinstates Buy on Augmedix, Announces $5.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Neil Chatterji reinstated a Buy rating on Augmedix (NASDAQ:AUGX) and set a price target of $5.5. This indicates a positive outlook on the company's stock.
April 03, 2024 | 6:06 pm
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B. Riley Securities reinstated a Buy rating on Augmedix with a $5.5 price target, suggesting a positive future performance.
The reinstatement of a Buy rating by a reputable analyst firm like B. Riley Securities, coupled with a specific price target, typically signals a strong positive sentiment towards the company's stock. This can influence investor perception and potentially drive the stock price up in the short term.
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