HC Wainwright & Co. Maintains Buy on Arrowhead Pharma, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Patrick Trucchio maintains a Buy rating on Arrowhead Pharma (NASDAQ:ARWR) but lowers the price target from $90 to $60.

July 05, 2024 | 3:01 pm
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HC Wainwright & Co. analyst Patrick Trucchio maintains a Buy rating on Arrowhead Pharma but lowers the price target from $90 to $60.
The maintained Buy rating suggests continued confidence in Arrowhead Pharma's long-term prospects. However, the lowered price target indicates a reassessment of short-term valuation, which could lead to mixed investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100