HC Wainwright & Co. Reiterates Buy on Iterum Therapeutics, Maintains $6 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Ed Arce has reiterated a Buy rating on Iterum Therapeutics (NASDAQ:ITRM) and maintained a $6 price target.

April 30, 2024 | 10:37 am
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POSITIVE IMPACT
Iterum Therapeutics maintains a Buy rating and a $6 price target from HC Wainwright & Co., indicating a positive outlook from the analyst.
The reiteration of a Buy rating and maintenance of a $6 price target by a reputable analyst firm like HC Wainwright & Co. suggests a strong belief in Iterum Therapeutics' potential for growth. This positive outlook is likely to influence investor sentiment and could lead to an increase in stock price in the short term, especially if the market reacts favorably to analyst ratings.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100