HC Wainwright & Co. Maintains Buy on Fennec Pharmaceuticals, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. has maintained its Buy rating on Fennec Pharmaceuticals (NASDAQ:FENC) but lowered the price target from $18 to $15.
May 15, 2024 | 11:10 am
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NEUTRAL IMPACT
HC Wainwright & Co. has maintained its Buy rating on Fennec Pharmaceuticals but lowered the price target from $18 to $15.
The Buy rating suggests continued confidence in Fennec Pharmaceuticals' prospects, but the lowered price target indicates a more cautious outlook on its short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100