Oppenheimer Reiterates Outperform on Veru, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Leland Gershell reiterates an Outperform rating on Veru (NASDAQ:VERU) but lowers the price target from $7 to $5.
April 15, 2024 | 11:55 am
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NEGATIVE IMPACT
Oppenheimer maintains an Outperform rating on Veru but reduces the price target from $7 to $5.
The reduction in price target by Oppenheimer, despite maintaining an Outperform rating, could lead to short-term negative sentiment among investors, potentially impacting VERU's stock price negatively.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100