HC Wainwright & Co. Maintains Buy on Phunware, Raises Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. has maintained a Buy rating on Phunware and raised its price target from $7 to $9, indicating a positive outlook for the company's stock.
October 17, 2024 | 10:31 am
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HC Wainwright & Co. has maintained a Buy rating on Phunware and increased the price target from $7 to $9, suggesting a positive short-term outlook for the stock.
The Buy rating and increased price target from a reputable analyst firm like HC Wainwright & Co. typically signals confidence in the company's future performance, likely leading to a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100