Delcath Systems shares are trading higher after Craig-Hallum initiated coverage on the stock with a Buy rating and an $18 price target.
Portfolio Pulse from Benzinga Newsdesk
Delcath Systems shares are trading higher after Craig-Hallum initiated coverage on the stock with a Buy rating and an $18 price target.

June 28, 2024 | 1:54 pm
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POSITIVE IMPACT
Delcath Systems shares are trading higher following a Buy rating and an $18 price target from Craig-Hallum.
The initiation of coverage with a Buy rating and a specific price target of $18 by Craig-Hallum is a strong positive signal for investors. This typically leads to increased investor confidence and buying activity, driving the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100