Wedbush Maintains Outperform on Cathay General, Raises Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst David Chiaverini maintains an Outperform rating on Cathay General (NASDAQ:CATY) and raises the price target from $50 to $52.
October 23, 2024 | 3:13 pm
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Wedbush analyst David Chiaverini has maintained an Outperform rating on Cathay General and increased the price target from $50 to $52, indicating a positive outlook.
The increase in price target from $50 to $52 by Wedbush suggests a positive outlook for Cathay General, likely leading to a short-term price increase. The Outperform rating further supports this positive sentiment.
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