HC Wainwright & Co. Reiterates Neutral on Macrogenics, Maintains $4 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. has reiterated a Neutral rating on Macrogenics (NASDAQ:MGNX) and maintained a $4 price target, as per analyst Robert Burns.
August 21, 2024 | 12:15 pm
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NEUTRAL IMPACT
HC Wainwright & Co. has reiterated a Neutral rating on Macrogenics and maintained a $4 price target, indicating no expected significant short-term price movement.
The reiteration of a Neutral rating and maintenance of the $4 price target suggests that the analyst does not foresee significant changes in Macrogenics' stock price in the short term. This indicates stability rather than a bullish or bearish outlook.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100