89bio price target lowered by $8 at H.C. Wainwright, here's why
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H.C. Wainwright has lowered the price target for 89bio by $8. This adjustment may reflect changes in the company's outlook or market conditions.
February 28, 2025 | 4:30 pm
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H.C. Wainwright has reduced the price target for 89bio, which may indicate a less optimistic outlook for the company. This could affect investor sentiment and short-term stock performance.
The reduction in the price target by a reputable analyst firm like H.C. Wainwright suggests a reassessment of 89bio's future performance. This could lead to a negative sentiment among investors, potentially causing a short-term decline in ETNB's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100