Needham Reiterates Buy on Cartesian Therapeutics, Maintains $42 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Gil Blum has reiterated a Buy rating on Cartesian Therapeutics (NASDAQ:RNAC) and maintained a $42 price target.

May 08, 2024 | 3:40 pm
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Needham analyst Gil Blum reiterates a Buy rating on Cartesian Therapeutics with a $42 price target.
The reiteration of a Buy rating and a maintained price target of $42 by a reputable analyst like Gil Blum from Needham is likely to instill confidence among investors and could positively influence Cartesian Therapeutics' stock price in the short term. Analyst ratings, especially from well-regarded financial institutions, can significantly impact investor sentiment and stock prices.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100