Butterfly Network shares are trading higher after Lake Street initiated coverage on the stock with a Buy rating and announced $3 price target.
Portfolio Pulse from Benzinga Newsdesk
Butterfly Network shares rose after Lake Street initiated coverage with a Buy rating and a $3 price target.
September 10, 2024 | 3:53 pm
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Butterfly Network shares increased following Lake Street's initiation of coverage with a Buy rating and a $3 price target.
The initiation of coverage by Lake Street with a Buy rating and a specific price target of $3 is a positive signal to investors, likely boosting short-term stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100