Needham Reiterates Buy on Arcellx, Maintains $51 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Gil Blum reiterated a Buy rating on Arcellx (NASDAQ:ACLX) and maintained a $51 price target.

June 23, 2023 | 10:05 am
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Needham analyst Gil Blum reiterated a Buy rating on Arcellx (NASDAQ:ACLX) and maintained a $51 price target.
The reiteration of the Buy rating and maintenance of the $51 price target by Needham analyst Gil Blum indicates a positive outlook for Arcellx's stock in the short term. This news is important for investors as it reaffirms the analyst's confidence in the company's potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100