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Benchmark Co. Sticks to Their Buy Rating for Cardio Diagnostics Holdings (CDIO)
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Benchmark Co. Sticks to Their Buy Rating for Cardio Diagnostics Holdings (CDIO)

In a report released today, Bruce Jackson from Benchmark Co. reiterated a Buy rating on Cardio Diagnostics Holdings (CDIOResearch Report), with a price target of $8.00. The company’s shares opened today at $1.40.

Jackson covers the Healthcare sector, focusing on stocks such as Humacyte, Cardio Diagnostics Holdings, and Seelos Therapeutics. According to TipRanks, Jackson has an average return of -5.9% and a 37.16% success rate on recommended stocks.

Cardio Diagnostics Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $8.00.

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Based on Cardio Diagnostics Holdings’ latest earnings release for the quarter ending March 31, the company reported a quarterly GAAP net loss of $1.03 million. In comparison, last year the company had a GAAP net loss of $222.66 thousand

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