HC Wainwright & Co. Reiterates Buy on Cybin, Maintains $5 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Patrick Trucchio has reiterated a Buy rating for Cybin (AMEX:CYBN) and maintained a price target of $5.
August 23, 2024 | 11:31 am
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HC Wainwright & Co. has reiterated its Buy rating for Cybin, maintaining a $5 price target, indicating confidence in the company's future performance.
The reiteration of a Buy rating and maintenance of a $5 price target by a reputable analyst suggests a positive outlook for Cybin, likely boosting investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100