Craig-Hallum Maintains Hold on Accelerate Diagnostics, Lowers Price Target to $1
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Alexander Nowak maintains a Hold rating on Accelerate Diagnostics (NASDAQ:AXDX) and lowers the price target from $2 to $1.
April 01, 2024 | 6:00 pm
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Craig-Hallum analyst Alexander Nowak maintains a Hold rating on Accelerate Diagnostics and lowers the price target from $2 to $1.
The reduction in price target by Craig-Hallum could lead to a negative perception among investors, potentially causing a short-term decrease in the stock price of Accelerate Diagnostics. The Hold rating suggests that the analyst sees limited upside or downside potential, but the lowered price target indicates a revised, less optimistic valuation of the company.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100