Unicycive Therapeutics shares are trading higher after Piper Sandler initiated coverage on the stock with an Overweight rating and a price target of $9.
Portfolio Pulse from Benzinga Newsdesk
Unicycive Therapeutics' stock price increased following Piper Sandler's initiation of coverage with an Overweight rating and a $9 price target.
April 04, 2024 | 11:53 am
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Unicycive Therapeutics' shares are trading higher after receiving an Overweight rating and a $9 price target from Piper Sandler.
The initiation of coverage by a reputable financial institution like Piper Sandler, especially with a positive Overweight rating and a significant price target of $9, typically leads to increased investor confidence and demand for the stock, driving its price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100