Needham Maintains Buy on Veracyte, Raises Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mike Matson maintains a Buy rating on Veracyte (NASDAQ:VCYT) and raises the price target from $30 to $33, indicating a positive outlook on the company's stock.

February 23, 2024 | 10:34 am
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Needham analyst Mike Matson maintains a Buy rating on Veracyte and raises the price target from $30 to $33, showing confidence in the company's future performance.
The increase in price target by a reputable analyst suggests a strong belief in the company's potential for growth and profitability, which is likely to positively influence investor sentiment and potentially drive up the stock price in the short term.
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