HC Wainwright & Co. Maintains Buy on Precigen, Lowers Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. has maintained a Buy rating on Precigen (NASDAQ:PGEN) but lowered the price target from $6 to $4.
August 15, 2024 | 12:00 pm
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HC Wainwright & Co. has maintained a Buy rating on Precigen but lowered the price target from $6 to $4.
The maintained Buy rating suggests continued confidence in Precigen's long-term prospects, but the lowered price target indicates a more cautious short-term outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100