EF Hutton Initiates Coverage On Clene with Buy Rating, Announces Price Target of $23
Portfolio Pulse from Benzinga Newsdesk
EF Hutton has initiated coverage on Clene (NASDAQ:CLNN) with a Buy rating and set a price target of $23, indicating a positive outlook for the company's stock.
September 10, 2024 | 12:22 pm
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POSITIVE IMPACT
EF Hutton has initiated coverage on Clene with a Buy rating and a price target of $23, suggesting a positive short-term outlook for the stock.
The initiation of coverage with a Buy rating and a specific price target of $23 by EF Hutton is a strong positive signal for investors. This suggests confidence in Clene's potential performance, likely leading to increased investor interest and a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100