HC Wainwright & Co. Maintains Buy on Zentalis Pharma, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Andrew Fein maintains a Buy rating on Zentalis Pharma (ZNTL) but lowers the price target from $46 to $40.

May 08, 2024 | 7:23 pm
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NEUTRAL IMPACT
Zentalis Pharma's price target was reduced from $46 to $40 by HC Wainwright & Co., although the Buy rating was maintained.
The reduction in price target could suggest a reassessment of Zentalis Pharma's near-term prospects or market conditions, potentially leading to short-term price volatility. However, maintaining a Buy rating indicates a positive outlook on the company's long-term potential, which might mitigate negative impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100