Craig-Hallum Maintains Buy on Ironwood Pharmaceuticals, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Chase Knickerbocker maintains a Buy rating on Ironwood Pharmaceuticals (NASDAQ:IRWD) but lowers the price target from $14 to $10.
August 09, 2024 | 4:17 pm
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Craig-Hallum analyst Chase Knickerbocker maintains a Buy rating on Ironwood Pharmaceuticals but lowers the price target from $14 to $10.
The maintained Buy rating suggests continued confidence in Ironwood Pharmaceuticals' prospects, but the lowered price target indicates tempered expectations for short-term growth. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100