Where Arcellx Stands With Analysts
Portfolio Pulse from Benzinga Insights
Arcellx (NASDAQ:ACLX) has received 4 bullish analyst ratings in the last quarter, with no neutral or bearish ratings. The average 12-month price target for ACLX is $59.25, with a high of $65.00 and a low of $52.00. This target has increased by 10.4% from the previous average of $53.67. Analysts typically review stocks quarterly or after major company updates, basing their ratings on financial predictions and company risk assessments.
December 11, 2023 | 12:00 pm
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POSITIVE IMPACT
Arcellx has received a unanimous bullish outlook from analysts, with an average price target of $59.25, marking a 10.4% increase from the previous target.
The unanimous bullish sentiment from analysts and the significant increase in the average price target suggest a positive short-term impact on ACLX's stock price. Analyst ratings can influence market perception and investor confidence, potentially leading to a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100