JMP Securities Maintains Market Outperform on Savara, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Jonathan Wolleben maintains a Market Outperform rating on Savara (NASDAQ:SVRA) but lowers the price target from $10 to $9.
August 13, 2024 | 11:51 am
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NEUTRAL IMPACT
JMP Securities maintains a Market Outperform rating on Savara but lowers the price target from $10 to $9.
The Market Outperform rating suggests continued confidence in Savara's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100