HC Wainwright & Co. Reiterates Buy on Palatin Techs, Maintains $17 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Joseph Pantginis has reiterated a Buy rating on Palatin Technologies (AMEX:PTN), maintaining a price target of $17.

May 08, 2024 | 7:28 pm
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POSITIVE IMPACT
Palatin Technologies receives a reiterated Buy rating and a maintained $17 price target from HC Wainwright & Co.
The reiteration of a Buy rating and the maintenance of a high price target by a reputable analyst firm like HC Wainwright & Co. can positively influence investor sentiment and potentially drive the stock price up in the short term. The specific mention of Palatin Technologies and the reaffirmation of a $17 price target, significantly above its current trading price, suggests a strong conviction in the company's future performance and growth prospects.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100