HC Wainwright & Co. Maintains Buy on Scilex Holding, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. has maintained its Buy rating on Scilex Holding (NASDAQ:SCLX) but has lowered the price target from $8 to $7.
May 23, 2024 | 10:17 am
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NEUTRAL IMPACT
HC Wainwright & Co. has maintained its Buy rating on Scilex Holding but has lowered the price target from $8 to $7.
The maintained Buy rating suggests continued confidence in the stock, but the lowered price target indicates a more cautious outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100