HC Wainwright & Co. Reiterates Buy on Cybin, Maintains $5 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. has reiterated its Buy rating on Cybin (AMEX:CYBN) and maintained a $5 price target, as stated by analyst Patrick Trucchio.
May 16, 2024 | 5:09 pm
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POSITIVE IMPACT
HC Wainwright & Co. has reiterated its Buy rating on Cybin and maintained a $5 price target, indicating continued confidence in the company's prospects.
The reiteration of a Buy rating and maintenance of a $5 price target by a reputable analyst firm like HC Wainwright & Co. is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100