BTIG Maintains Buy on MaxCyte, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
BTIG analyst Mark Massaro maintains a Buy rating on MaxCyte (NASDAQ:MXCT) but lowers the price target from $10 to $8.
March 13, 2024 | 12:03 pm
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NEUTRAL IMPACT
BTIG maintains a Buy rating on MaxCyte but lowers the price target from $10 to $8.
While the maintenance of a Buy rating by BTIG indicates continued confidence in MaxCyte's fundamentals, the reduction in the price target from $10 to $8 could signal concerns about near-term growth prospects or market conditions, potentially affecting investor sentiment and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100