Canaccord Genuity Maintains Buy on Cibus, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Austin Moeller maintains a Buy rating on Cibus (NASDAQ:CBUS) but lowers the price target from $22 to $21.
August 12, 2024 | 11:50 am
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Canaccord Genuity analyst Austin Moeller maintains a Buy rating on Cibus but lowers the price target from $22 to $21.
The maintained Buy rating suggests continued confidence in Cibus, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100