Stifel Initiates Coverage On Contineum Therapeutics with Buy Rating, Announces Price Target of $29
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Paul Matteis initiates coverage on Contineum Therapeutics (NASDAQ:CTNM) with a Buy rating and a price target of $29.
April 30, 2024 | 9:20 am
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POSITIVE IMPACT
Stifel analyst Paul Matteis has initiated coverage on Contineum Therapeutics with a Buy rating and set a price target of $29.
The initiation of coverage by a reputable analyst with a Buy rating and a significant price target suggests a positive outlook for Contineum Therapeutics. This endorsement is likely to generate investor interest and could lead to a short-term increase in the stock price, given the credibility of Stifel and the analyst's positive assessment.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100