Vericel Corp shares are trading higher after TD Cowen maintained a Buy rating on the stock and raised its price target from $55 to $60.
Portfolio Pulse from Benzinga Newsdesk
Vericel Corp shares rose following TD Cowen's decision to maintain a Buy rating and increase the price target from $55 to $60.
August 27, 2024 | 7:06 pm
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POSITIVE IMPACT
Vericel Corp shares increased after TD Cowen reaffirmed its Buy rating and raised the price target to $60, indicating positive analyst sentiment.
The increase in price target and maintained Buy rating from TD Cowen suggests strong confidence in Vericel's future performance, likely boosting investor sentiment and driving the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100