Cantor Fitzgerald Reiterates Overweight on Gracell Biotechnologies, Maintains $20 Price Target
Portfolio Pulse from richadhand@benzinga.com
Cantor Fitzgerald analyst Louise Chen has reiterated an Overweight rating on Gracell Biotechnologies (NASDAQ:GRCL) and maintained a $20 price target.
August 30, 2023 | 2:30 pm
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Cantor Fitzgerald has reiterated an Overweight rating on Gracell Biotechnologies and maintained a $20 price target.
The reiteration of an Overweight rating by Cantor Fitzgerald indicates a positive outlook for Gracell Biotechnologies. The maintained price target of $20 suggests that the analyst believes the stock is still undervalued, which could lead to upward pressure on the stock price in the short term.
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