Truist Securities Maintains Buy on Arcellx, Lowers Price Target to $57
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Asthika Goonewardene maintains a Buy rating on Arcellx (NASDAQ:ACLX) and lowers the price target from $60 to $57.
June 20, 2023 | 1:10 pm
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NEUTRAL IMPACT
Truist Securities maintains a Buy rating on Arcellx (NASDAQ:ACLX) and lowers the price target from $60 to $57.
The news of Truist Securities maintaining a Buy rating on Arcellx is positive for the stock, but the lowering of the price target from $60 to $57 may create some uncertainty among investors. This mixed sentiment may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100