Needham Maintains Buy on Arcellx, Raises Price Target to $81
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Gil Blum maintains a Buy rating on Arcellx (NASDAQ:ACLX) and raises the price target from $72 to $81.
March 18, 2024 | 11:12 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Needham analyst Gil Blum reaffirms a Buy rating on Arcellx and increases the price target from $72 to $81.
The upgrade in price target by a reputable analyst like Gil Blum suggests a strong confidence in Arcellx's future performance. This is likely to positively influence investor sentiment and potentially increase the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100