Needham Maintains Buy on Shattuck Labs, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Gil Blum maintains a Buy rating on Shattuck Labs (NASDAQ:STTK) but lowers the price target from $12 to $8.
June 14, 2024 | 3:51 pm
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NEUTRAL IMPACT
Needham analyst Gil Blum maintains a Buy rating on Shattuck Labs but lowers the price target from $12 to $8, indicating a more cautious outlook.
The Buy rating suggests continued confidence in Shattuck Labs' long-term potential, but the lowered price target reflects a more cautious short-term outlook. This mixed signal may result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100