Canaccord Genuity Reiterates Buy on Arcellx, Maintains $49 Price Target
Portfolio Pulse from richadhand@benzinga.com
Canaccord Genuity analyst John Newman has reiterated a Buy rating on Arcellx (NASDAQ:ACLX) and maintained a $49 price target.
June 21, 2023 | 1:25 pm
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Canaccord Genuity analyst John Newman reiterated a Buy rating on Arcellx (NASDAQ:ACLX) and maintained a $49 price target.
The reiteration of a Buy rating and maintenance of a $49 price target by Canaccord Genuity analyst John Newman indicates a positive outlook for Arcellx's stock in the short term. This news is highly relevant and important for investors in ACLX, as it suggests that the stock is expected to perform well.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100