Needham Reiterates Buy on Arcellx, Maintains $81 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Gil Blum reiterates a Buy rating on Arcellx (NASDAQ:ACLX) and maintains an $81 price target.

May 07, 2024 | 9:29 am
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Needham analyst Gil Blum reiterates a Buy rating on Arcellx with an $81 price target.
The reiteration of a Buy rating and maintenance of an $81 price target by a reputable analyst like Gil Blum from Needham is likely to instill confidence among investors and could positively influence Arcellx's stock price in the short term. Analyst ratings, especially with a Buy recommendation, often lead to increased investor interest and can drive up the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100