Piper Sandler Initiates Coverage On PROCEPT BioRobotics with Overweight Rating, Announces Price Target of $42
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Matt O'Brien has initiated coverage on PROCEPT BioRobotics (NASDAQ:PRCT) with an Overweight rating and a price target of $42.
August 11, 2023 | 9:51 am
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Piper Sandler has initiated coverage on PROCEPT BioRobotics with an Overweight rating and a price target of $42, which could positively impact the stock's performance.
Analyst ratings and price targets can significantly influence a stock's performance. In this case, Piper Sandler's Overweight rating indicates that they expect PRCT's stock to outperform the average market return. Additionally, the price target of $42 suggests a potential upside for the stock, which could attract investors and drive the stock price up.
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