Roth MKM Maintains Buy on Ontrak, Lowers Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Jonathan Aschoff maintains a Buy rating on Ontrak (NASDAQ:OTRK) but lowers the price target from $4 to $3.
August 09, 2024 | 2:27 pm
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Roth MKM analyst Jonathan Aschoff maintains a Buy rating on Ontrak but lowers the price target from $4 to $3.
The Buy rating suggests continued confidence in Ontrak's long-term prospects, but the lowered price target indicates some short-term challenges or adjustments in valuation. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100