Truist Securities Maintains Hold on Vericel, Lowers Price Target to $39
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Samuel Brodovsky has maintained a 'Hold' rating on Vericel (NASDAQ:VCEL) but lowered the price target from $42 to $39.
August 04, 2023 | 1:51 pm
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Vericel's price target has been lowered from $42 to $39 by Truist Securities, though the 'Hold' rating is maintained.
The lowering of the price target by Truist Securities indicates a potential decrease in Vericel's stock value in the short term. However, the maintenance of the 'Hold' rating suggests that the overall outlook for the stock remains stable.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100