DA Davidson Maintains Buy on Waldencast, Raises Price Target to $7.25
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Linda Bolton Weiser maintains a Buy rating on Waldencast (NASDAQ:WALD) and raises the price target from $6.5 to $7.25.
September 04, 2024 | 7:32 pm
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DA Davidson has reaffirmed its Buy rating on Waldencast and increased the price target from $6.5 to $7.25, indicating a positive outlook.
The reaffirmation of a Buy rating and an increase in the price target by a reputable analyst suggests confidence in Waldencast's future performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100