TD Cowen Maintains Hold on Beauty Health, Lowers Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Oliver Chen maintains a Hold rating on Beauty Health (NASDAQ:SKIN) and lowers the price target from $4 to $3.
May 13, 2024 | 4:11 pm
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TD Cowen's analyst Oliver Chen has maintained a Hold rating on Beauty Health but reduced the price target from $4 to $3, indicating a cautious outlook on the stock's short-term price movement.
The reduction in price target by a notable analyst suggests a less optimistic view on the stock's valuation and potential performance. This could lead to short-term negative sentiment among investors, potentially impacting the stock's price negatively.
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IMPORTANCE 75
RELEVANCE 100