Wedbush Downgrades Atreca to Neutral, Lowers Price Target to $1
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Robert Driscoll has downgraded Atreca (NASDAQ:BCEL) from Outperform to Neutral and lowered the price target from $4 to $1.
August 14, 2023 | 10:56 am
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Atreca's rating has been downgraded from Outperform to Neutral by Wedbush, with a lowered price target from $4 to $1.
The downgrade from Outperform to Neutral by Wedbush indicates a less optimistic outlook for Atreca. The significant reduction in price target from $4 to $1 also suggests that the analyst sees less upside potential in the stock, which could negatively impact its short-term price.
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IMPORTANCE 80
RELEVANCE 100