Stifel Maintains Buy on Nyxoah, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Jonathan Block maintains a Buy rating on Nyxoah (NASDAQ:NYXH) but lowers the price target from $27 to $19.

June 24, 2024 | 12:58 pm
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Stifel analyst Jonathan Block maintains a Buy rating on Nyxoah but lowers the price target from $27 to $19, indicating a more cautious outlook.
The maintained Buy rating suggests continued confidence in Nyxoah's long-term prospects, but the lowered price target indicates a more cautious short-term outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100