HC Wainwright & Co. Reiterates Buy on Adverum Biotechnologies, Maintains $30 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Matthew Caufield reiterates a Buy rating on Adverum Biotechnologies (NASDAQ:ADVM) and maintains a $30 price target.

May 10, 2024 | 12:33 pm
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POSITIVE IMPACT
Adverum Biotechnologies receives a reiterated Buy rating and a maintained $30 price target from HC Wainwright & Co.
The reiteration of a Buy rating and maintenance of a $30 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. This endorsement reaffirms the firm's confidence in Adverum Biotechnologies' prospects, likely encouraging both current and potential investors.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100