Stifel Maintains Buy on 10x Genomics, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Daniel Arias maintains a Buy rating on 10x Genomics (NASDAQ:TXG) but lowers the price target from $53 to $25.

July 16, 2024 | 11:54 am
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Stifel analyst Daniel Arias maintains a Buy rating on 10x Genomics but significantly lowers the price target from $53 to $25.
The significant reduction in the price target from $53 to $25 suggests a more cautious outlook on the stock's future performance, which could lead to a short-term negative impact on the stock price despite the maintained Buy rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100