HC Wainwright & Co. Maintains Buy on Zynex, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Yi Chen maintains a Buy rating on Zynex (NASDAQ:ZYXI) but lowers the price target from $21 to $16.
July 26, 2024 | 11:54 am
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NEUTRAL IMPACT
HC Wainwright & Co. analyst Yi Chen maintains a Buy rating on Zynex but lowers the price target from $21 to $16.
The Buy rating suggests continued confidence in Zynex'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 70
RELEVANCE 100