Goldman Sachs Maintains Buy on Quanterix, Raises Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Matthew Sykes has maintained a 'Buy' rating on Quanterix (NASDAQ:QTRX) and raised the price target from $30 to $34.
September 27, 2023 | 12:15 pm
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Goldman Sachs has maintained a 'Buy' rating on Quanterix and raised the price target from $30 to $34, which could potentially increase investor confidence and drive the stock price up in the short term.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. In this case, Goldman Sachs, a highly influential investment bank, has maintained a 'Buy' rating on Quanterix and raised the price target, which suggests they believe the stock is undervalued at its current price. This could potentially increase investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100