Alliance Global Partners Maintains Buy on Cibus, Lowers Price Target to $23.5
Portfolio Pulse from Benzinga Newsdesk
Alliance Global Partners has maintained a Buy rating on Cibus (NASDAQ:CBUS) but lowered the price target from $25 to $23.5.
September 24, 2024 | 5:10 pm
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NEUTRAL IMPACT
Alliance Global Partners has maintained a Buy rating on Cibus but reduced the price target from $25 to $23.5, indicating a slightly less optimistic outlook.
The maintenance of a Buy rating suggests continued confidence in Cibus's potential, but the lowered price target indicates a tempered outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100