HC Wainwright & Co. Maintains Buy on Cabaletta Bio, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. maintains a Buy rating on Cabaletta Bio (NASDAQ:CABA) but lowers the price target from $30 to $25.

August 09, 2024 | 9:00 pm
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HC Wainwright & Co. maintains a Buy rating on Cabaletta Bio but lowers the price target from $30 to $25.
The Buy rating suggests continued confidence in Cabaletta Bio's prospects, but the lowered price target indicates tempered expectations for short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100