Needham Reiterates Buy on Arcellx, Maintains $65 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Gil Blum has reiterated a Buy rating on Arcellx (NASDAQ: ACLX) and maintained a $65 price target for the company's stock.
December 12, 2023 | 11:47 am
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Needham analyst Gil Blum has reiterated a Buy rating on Arcellx with a maintained price target of $65, indicating a positive outlook for the stock.
The reiteration of a Buy rating and the maintenance of a $65 price target by a reputable analyst like Gil Blum from Needham could lead to increased investor confidence in Arcellx, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100