HC Wainwright & Co. Reiterates Buy on Oncolytics Biotech, Maintains $5 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Patrick Trucchio has reiterated a Buy rating on Oncolytics Biotech (NASDAQ:ONCY), maintaining a $5 price target.
May 14, 2024 | 11:53 am
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HC Wainwright & Co. reaffirms a Buy rating and a $5 price target for Oncolytics Biotech, indicating a positive outlook on the stock.
The reiteration of a Buy rating and maintenance of a $5 price target by a reputable analyst firm like HC Wainwright & Co. typically signals a strong vote of confidence in the company's future prospects. This endorsement can positively influence investor sentiment and potentially lead to an uptick in the stock's price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100