Watching Soligenix; Zacks Small-Cap Research Gives Stock $32 Price Valuation; Says "Model Is Highly Dependent Upon Continued Clinical Success Of The Company's Pipeline And Will Be Adjusted Accordingly Based Upon Future Clinical Results"
Portfolio Pulse from Benzinga Newsdesk
Zacks Small-Cap Research has given Soligenix (SNGX) a $32 price valuation, emphasizing that the model is highly dependent on the continued clinical success of the company's pipeline. The valuation will be adjusted based on future clinical results.
June 14, 2024 | 3:27 pm
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Zacks Small-Cap Research has assigned a $32 price target to Soligenix, contingent on the continued clinical success of its pipeline. Future clinical results will influence this valuation.
The $32 price target from Zacks Small-Cap Research is a positive indicator for SNGX, suggesting potential upside. However, the valuation is highly dependent on the success of ongoing and future clinical trials, which introduces a level of uncertainty.
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IMPORTANCE 80
RELEVANCE 100