Cardiol Therapeutics (CRDL) Gets a Buy from Canaccord Genuity
Canaccord Genuity analyst Edward Nash reiterated a Buy rating on Cardiol Therapeutics today and set a price target of $8.00.
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Nash covers the Healthcare sector, focusing on stocks such as Corcept Therapeutics, Celldex, and Inventiva. According to TipRanks, Nash has an average return of 24.7% and a 50.79% success rate on recommended stocks.
In a report released on November 14, H.C. Wainwright also reiterated a Buy rating on the stock with a $9.00 price target.
The company has a one-year high of C$2.69 and a one-year low of C$1.09. Currently, Cardiol Therapeutics has an average volume of 142K.
Based on the recent corporate insider activity of 14 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CRDL in relation to earlier this year.
Read More on CRDL:
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- Cardiol Therapeutics: Promising Pipeline and Financial Stability Support Buy Rating
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- Cardiol Therapeutics Raises $16 Million Through Recent Securities Distribution
