Rodman & Renshaw Initiates Coverage On Scilex Holding with Buy Rating, Announces Price Target of $13
Portfolio Pulse from Benzinga Newsdesk
Rodman & Renshaw initiates coverage on Scilex Holding (NASDAQ:SCLX) with a Buy rating and sets a price target of $13.
June 13, 2024 | 5:33 pm
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POSITIVE IMPACT
Rodman & Renshaw has initiated coverage on Scilex Holding with a Buy rating and a price target of $13, indicating a positive outlook for the stock.
The initiation of coverage with a Buy rating and a price target of $13 by Rodman & Renshaw is likely to boost investor confidence in Scilex Holding, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100