Wedbush Reiterates Outperform on Aerovate Therapeutics, Maintains $41 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Laura Chico reiterated an Outperform rating on Aerovate Therapeutics (NASDAQ:AVTE) and maintained a $41 price target.
May 14, 2024 | 12:34 pm
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Wedbush analyst Laura Chico reaffirmed an Outperform rating on Aerovate Therapeutics, with a steady price target of $41, indicating a positive outlook on the stock.
The reiteration of an Outperform rating by a reputable analyst, along with a maintained price target, typically signals a strong vote of confidence in the company's future performance. This can positively influence investor sentiment and potentially lead to a short-term increase in the stock price.
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IMPORTANCE 90
RELEVANCE 100