Piper Sandler Maintains Overweight on Cytek Biosciences, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst David Westenberg has maintained an Overweight rating on Cytek Biosciences (NASDAQ:CTKB) but lowered the price target from $15 to $10.
October 16, 2023 | 5:21 pm
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Piper Sandler has maintained an Overweight rating on Cytek Biosciences but lowered the price target from $15 to $10.
The lowering of the price target by Piper Sandler could potentially lead to a decrease in the stock price of Cytek Biosciences in the short term. However, the maintained Overweight rating indicates that the analyst still sees potential in the company's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100