Canaccord Genuity Maintains Buy on Arcellx, Maintains $85 Price Target
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst John Newman maintains a Buy rating on Arcellx (NASDAQ:ACLX) with a price target of $85.

July 22, 2024 | 12:36 pm
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Canaccord Genuity analyst John Newman maintains a Buy rating on Arcellx with a price target of $85, indicating confidence in the company's future performance.
The reaffirmation of a Buy rating and a high price target by a reputable analyst can boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100