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.
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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
