Piper Sandler Initiates Coverage On Arcellx with Overweight Rating, Announces Price Target of $70
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler has initiated coverage on Arcellx (NASDAQ:ACLX) with an Overweight rating and a price target of $70.
May 31, 2024 | 9:50 am
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Piper Sandler has initiated coverage on Arcellx with an Overweight rating and a price target of $70.
The initiation of coverage with an Overweight rating and a high price target of $70 by Piper Sandler is likely to positively impact Arcellx's stock price in the short term as it reflects strong confidence in the company's potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100