Needham Maintains Buy on Arcellx, Raises Price Target to $96
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Gil Blum maintains a Buy rating on Arcellx (NASDAQ:ACLX) and raises the price target from $81 to $96, indicating confidence in the company's future performance.
October 22, 2024 | 9:34 am
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Needham analyst Gil Blum has reiterated a Buy rating for Arcellx and increased the price target from $81 to $96, suggesting a positive outlook for the company's stock.
The increase in the price target from $81 to $96 by Needham indicates a strong positive outlook for Arcellx. This is likely to boost investor confidence and potentially drive the stock price up in the short term.
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