Needham Maintains Buy on Arcellx, Raises Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Gil Blum maintains a Buy rating on Arcellx (NASDAQ:ACLX) and raises the price target from $71 to $72.
February 29, 2024 | 12:51 pm
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Needham analyst Gil Blum maintains a Buy rating on Arcellx and raises the price target from $71 to $72.
The increase in the price target by a reputable analyst suggests a positive outlook on the stock, likely leading to increased investor confidence and potentially a short-term price increase.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100