Needham Maintains Buy on Lucid Diagnostics, Lowers Price Target to $2.5
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mike Matson has maintained a Buy rating on Lucid Diagnostics (NASDAQ:LUCD) but has reduced the price target from $2.8 to $2.5.

November 14, 2023 | 6:43 pm
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Needham analyst reaffirms Buy rating on Lucid Diagnostics but lowers price target to $2.5 from $2.8.
While the Buy rating indicates a positive outlook on Lucid Diagnostics, the reduction in price target suggests a more conservative valuation of the company's future prospects. This could lead to mixed reactions in the short term, as investors weigh the maintained Buy rating against the lowered price target.
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