Needham Reiterates Buy on NeoGenomics, Maintains $21 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mike Matson has reiterated a Buy rating on NeoGenomics (NASDAQ:NEO) and maintained a $21 price target for the company's stock.
December 28, 2023 | 2:05 pm
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POSITIVE IMPACT
Needham analyst Mike Matson reaffirmed a Buy rating and a $21 price target on NeoGenomics, indicating a positive outlook for the stock.
The reiteration of a Buy rating and the maintenance of a $21 price target by a reputable analyst like Mike Matson from Needham could lead to increased investor confidence in NeoGenomics. This positive endorsement is likely to have a favorable impact on the stock price in the short term as it suggests that the analyst sees potential for the stock to grow and reach the set target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100