Needham Reiterates Buy on Celcuity, Maintains $25 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Gil Blum has reiterated a 'Buy' rating on Celcuity (NASDAQ:CELC) and maintained a price target of $25.
September 22, 2023 | 10:14 am
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Needham analyst Gil Blum has reiterated a 'Buy' rating on Celcuity, maintaining a price target of $25. This could potentially boost investor confidence in the stock.
Analyst ratings often influence investor sentiment. A reiterated 'Buy' rating indicates that the analyst continues to have a positive outlook on the company. This, coupled with a maintained price target, could potentially lead to increased investor confidence and a short-term rise in the stock price.
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IMPORTANCE 80
RELEVANCE 100