TD Cowen Initiates Coverage On Standard BioTools with Buy Rating, Announces Price Target of $3.5
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Daniel Brennan initiates coverage on Standard BioTools (NASDAQ:LAB) with a Buy rating and a price target of $3.5.
April 16, 2024 | 11:15 am
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POSITIVE IMPACT
Standard BioTools receives a Buy rating from TD Cowen with a price target of $3.5.
The initiation of coverage by TD Cowen with a Buy rating and a specific price target of $3.5 is a strong positive signal for Standard BioTools. This endorsement from a reputable analyst can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100