HC Wainwright & Co. Maintains Buy Rating for Cingulate: Here's What You Need To Know

HC Wainwright & Co. has decided to maintain its Buy rating of Cingulate CING and raise its price target from $3.50 to $8.00.

Shares of Cingulate are trading down 0.56% over the last 24 hours, at $7.15 per share.

A move to $8.00 would account for a 11.89% increase from the current share price.

About Cingulate

Cingulate Inc is a clinical stage biopharmaceutical company utilizing its proprietary precision timed release drug delivery platform to build and advance a pipeline of next-generation pharmaceutical products designed to improve the lives of patients suffering from frequently diagnosed conditions characterized by burdensome daily dosing regimens and suboptimal treatment outcomes.

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