HC Wainwright & Co. Maintains Buy on Arcellx, Raises Price Target to $82
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Emily Bodnar maintains a Buy rating on Arcellx (NASDAQ:ACLX) and raises the price target from $60 to $82, indicating a positive outlook on the company's stock.
February 29, 2024 | 8:28 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Arcellx's stock rating was maintained as Buy by HC Wainwright & Co., with the price target increased from $60 to $82.
The increase in price target from $60 to $82 by a reputable analyst firm like HC Wainwright & Co. suggests a strong confidence in Arcellx's future performance. This endorsement is likely to positively influence investor sentiment and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100