Cantor Fitzgerald Maintains Overweight on Elutia, Raises Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Ross Osborn maintains an Overweight rating on Elutia (NASDAQ:ELUT) and raises the price target from $5 to $11.
June 20, 2024 | 11:57 am
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Cantor Fitzgerald has maintained an Overweight rating on Elutia and raised the price target from $5 to $11, indicating strong confidence in the company's future performance.
The increase in the price target from $5 to $11 by a reputable analyst suggests a strong positive outlook for Elutia. This is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100