HC Wainwright & Co. Maintains Buy on Cidara Therapeutics, Maintains $6 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Ed Arce maintains a Buy rating on Cidara Therapeutics (CDTX) with a maintained price target of $6.

April 08, 2024 | 6:20 pm
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POSITIVE IMPACT
Cidara Therapeutics maintains a Buy rating and a $6 price target from HC Wainwright & Co.
The maintenance of a Buy rating and a $6 price target by a reputable analyst firm like HC Wainwright & Co. is a positive signal for Cidara Therapeutics. It suggests confidence in the company's future performance and potential for growth, which could positively influence investor sentiment and potentially lead to an increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100