Needham Maintains Buy on Nkarta, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Gil Blum maintains a Buy rating on Nkarta (NASDAQ:NKTX) but lowers the price target from $26 to $19.

June 27, 2023 | 3:40 pm
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NEUTRAL IMPACT
Needham analyst Gil Blum maintains a Buy rating on Nkarta (NASDAQ:NKTX) but lowers the price target from $26 to $19.
The news of Needham maintaining a Buy rating on Nkarta is positive for the stock, but the lowering of the price target from $26 to $19 may create some uncertainty among investors. This mixed sentiment could result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100