Stifel Maintains Buy on Arcellx, Raises Price Target to $122
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Benjamin Burnett has maintained a Buy rating on Arcellx (NASDAQ:ACLX) and raised the price target from $83 to $122.

October 18, 2024 | 1:53 pm
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Stifel analyst Benjamin Burnett has maintained a Buy rating on Arcellx and increased the price target from $83 to $122, indicating strong confidence in the company's future performance.
The increase in price target from $83 to $122 by a reputable analyst suggests a positive outlook for Arcellx, likely boosting investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100