Capital One Initiates Coverage On Heron Therapeutics with Overweight Rating, Announces Price Target of $6
Portfolio Pulse from Benzinga Newsdesk
Capital One analyst Tim Chiang initiates coverage on Heron Therapeutics (NASDAQ:HRTX) with an Overweight rating and a price target of $6.
April 23, 2024 | 11:14 am
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Capital One initiated coverage on Heron Therapeutics with an Overweight rating and a price target of $6.
The initiation of coverage by Capital One with an Overweight rating and a specific price target of $6 suggests a positive outlook on Heron Therapeutics' stock. This analyst rating can influence investor sentiment and potentially lead to a short-term increase in the stock price, as it may be perceived as a credible endorsement of the company's value and future prospects.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100