HC Wainwright & Co. Maintains Buy on Valneva, Lowers Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. has maintained a Buy rating on Valneva (NASDAQ:VALN) but lowered the price target from $26 to $23.
September 25, 2024 | 10:49 am
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HC Wainwright & Co. has maintained a Buy rating on Valneva but reduced the price target from $26 to $23, indicating a slightly less optimistic outlook.
The maintenance of a Buy rating suggests continued confidence in Valneva's prospects, but the lowered price target indicates a tempered outlook, which could lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100