Baird Maintains Outperform on NanoString Technologies, Lowers Price Target to $10
Portfolio Pulse from jenniferd'souza@benzinga.com
Baird analyst Catherine Ramsey has maintained an 'Outperform' rating on NanoString Technologies (NASDAQ:NSTG), but lowered the price target from $13 to $10.
August 04, 2023 | 3:25 pm
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NEUTRAL IMPACT
Baird has maintained an 'Outperform' rating on NanoString Technologies but lowered the price target from $13 to $10.
The news is directly related to NanoString Technologies (NSTG). While the 'Outperform' rating is maintained, the lowering of the price target could potentially create some uncertainty among investors, possibly leading to short-term volatility in the stock price. However, the overall impact is neutral as the 'Outperform' rating suggests that Baird still expects the stock to do better than the market average.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100