UBS Maintains Buy on NanoString Technologies, Lowers Price Target to $2.5
Portfolio Pulse from Benzinga Newsdesk
UBS analyst John Sourbeer maintains a Buy rating on NanoString Technologies (NASDAQ:NSTG) but lowers the price target from $7 to $2.5.
October 12, 2023 | 5:18 pm
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NEUTRAL IMPACT
UBS analyst maintains a Buy rating on NanoString Technologies but lowers the price target from $7 to $2.5.
The news is directly about NanoString Technologies. The lowered price target might cause some short-term uncertainty among investors, but the maintained Buy rating indicates that the analyst still sees potential in the company. Therefore, the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100