HC Wainwright & Co. Maintains Buy on Longeveron, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. has maintained a Buy rating on Longeveron (NASDAQ:LGVN) but lowered the price target from $12 to $10.
July 29, 2024 | 10:19 am
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NEUTRAL IMPACT
HC Wainwright & Co. has maintained a Buy rating on Longeveron but lowered the price target from $12 to $10, indicating a slightly less optimistic outlook.
The maintained Buy rating suggests continued confidence in Longeveron's prospects, but the lowered price target indicates a tempered outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100