HC Wainwright & Co. Reiterates Buy on BioXcel Therapeutics, Maintains $10 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Raghuram Selvaraju has reiterated a Buy rating on BioXcel Therapeutics (NASDAQ:BTAI) and maintained a $10 price target.
May 10, 2024 | 11:58 am
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POSITIVE IMPACT
HC Wainwright & Co. reaffirmed a Buy rating on BioXcel Therapeutics, with a price target of $10, indicating a positive outlook on the stock.
The reiteration of a Buy rating and maintenance of a $10 price target by a reputable analyst firm like HC Wainwright & Co. typically signals a strong vote of confidence in the company's future performance. This endorsement is likely to positively influence investor sentiment and could lead to a short-term uptick in the stock's price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100