HC Wainwright & Co. Maintains Buy on Liquidia, Lowers Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. has maintained a Buy rating on Liquidia (NASDAQ:LQDA) but lowered the price target from $32 to $29.
August 20, 2024 | 10:48 am
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NEUTRAL IMPACT
HC Wainwright & Co. has maintained a Buy rating on Liquidia but lowered the price target from $32 to $29, indicating a slightly less optimistic outlook.
The maintenance of a Buy rating suggests continued confidence in Liquidia's prospects, but the lowered price target indicates a tempered outlook. This could lead to neutral short-term price movement as the positive Buy rating balances the negative impact of the reduced price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100