HC Wainwright & Co. Reiterates Buy on Cidara Therapeutics, Maintains $24 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Ed Arce has reiterated a Buy rating for Cidara Therapeutics (NASDAQ:CDTX) and maintained a price target of $24.
October 22, 2024 | 11:17 am
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HC Wainwright & Co. analyst Ed Arce has reiterated a Buy rating for Cidara Therapeutics and maintained a price target of $24, indicating confidence in the company's future performance.
The reiteration of a Buy rating and maintenance of a $24 price target by a reputable analyst suggests positive sentiment and potential upside for Cidara Therapeutics. This could lead to increased investor interest and a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100