Canaccord Genuity Upgrades Quanterix to Buy, Raises Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Kyle Mikson has upgraded Quanterix (NASDAQ:QTRX) from Hold to Buy and raised the price target from $25 to $32.
September 25, 2023 | 1:13 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Quanterix's stock rating has been upgraded from Hold to Buy by Canaccord Genuity, with a raised price target from $25 to $32.
The upgrade from Hold to Buy indicates a positive outlook for Quanterix's stock. The raised price target from $25 to $32 suggests that the analyst expects the stock price to increase in the short term. This could potentially lead to an increase in the stock's price as investors react to the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100