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Akoya Biosciences downgraded to Hold from Buy at Craig-Hallum

Craig-Hallum downgraded Akoya Biosciences (AKYA) to Hold from Buy with a price target of $5, down from $7, citing increased concerns about macro level demand and a lack of visibility following the company’s Q3 report. While the firm’s near-term outlook is “more tepid,” it continues to see value over time, the analyst added.

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