Needham Maintains Buy on Bicycle Therapeutics, Lowers Price Target to $46
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Ami Fadia maintains a Buy rating on Bicycle Therapeutics (NASDAQ:BCYC) but lowers the price target from $48 to $46.
August 04, 2023 | 2:56 pm
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NEUTRAL IMPACT
Needham analyst maintains a Buy rating on Bicycle Therapeutics but lowers the price target from $48 to $46.
The news is directly related to Bicycle Therapeutics and is likely to influence investor sentiment. While the maintained Buy rating is positive, the lowered price target might indicate a slightly less optimistic outlook, potentially leading to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100