Stephens & Co. Maintains Overweight on Akoya Biosciences, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Mason Carrico maintains an Overweight rating on Akoya Biosciences (NASDAQ:AKYA) but reduces the price target from $14 to $9.

November 13, 2023 | 2:13 pm
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Stephens & Co. maintains an Overweight rating on Akoya Biosciences but lowers the price target from $14 to $9.
The reduction in price target by Stephens & Co. suggests a downward revision of future price expectations for Akoya Biosciences, which could lead to a negative short-term impact on the stock price. However, maintaining an Overweight rating indicates a continued positive outlook on the company's fundamentals, which may mitigate some negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100