Alliance Global Partners lowered the firm’s price target on Precipio to $22.25 from $40 and keeps a Buy rating on the shares. The analyst adjusted its model for the recent 1-for-20 reverse split.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on PRPO:
- Precipio to Report $4.5M Q3-2023 Revenues, Double From Q3-2022
- Precipio reports Q3 revenue $4.5M vs. $2.2M last year
- Precipio’s Q3 Cash Burn From Operations (unaudited) Declines 59% YoY, from $2.5M in Q3-2022 to approximately $1M in Q3-2023
- Precipio Continues to Sign New HemeScreen™ Customers
- Precipio announces new customer to bring total Q4 HemeScreen revenues to $1.2M