HC Wainwright & Co. Reiterates Neutral on Zymeworks, Maintains $10 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Robert Burns has reiterated a Neutral rating on Zymeworks (NASDAQ:ZYME) and maintained a $10 price target on the stock.

May 07, 2024 | 10:21 am
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HC Wainwright & Co. analyst Robert Burns reiterated a Neutral rating on Zymeworks, with a maintained price target of $10.
The reiteration of a Neutral rating and maintenance of a $10 price target by HC Wainwright & Co. suggests no significant short-term catalysts expected to drive Zymeworks' stock price significantly higher or lower. The analyst's view appears to be that the stock is fairly valued at its current level, indicating a stable outlook without immediate upside or downside risks.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100