Oppenheimer Maintains Outperform Rating for Soleno Therapeutics: Here's What You Need To Know


Oppenheimer has decided to maintain its Outperform rating of Soleno Therapeutics SLNO and raise its price target from $8.00 to $14.00.

Shares of Soleno Therapeutics are trading up 8.37% over the last 24 hours, at $4.59 per share.

A move to $14.00 would account for a 204.68% increase from the current share price.

About Soleno Therapeutics

Soleno Therapeutics Inc is focused on the development and commercialization of novel therapeutics for the treatment of rare diseases. Its product candidates comprise Diazoxide Choline Controlled-Release tablets, which is an oral tablet for the treatment of Prader-Willi Syndrome.

About Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: Analyst RatingsBZI-AAR-UPDATE
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