Celcuity Analysts Slash Their Forecasts After Q2 Loss
Celcuity Inc (NASDAQ:CELC) reported better-than-expected Q2 losses of $1.07 per share. Analysts are optimistic with price target cuts by Needham and Stifel.
Celcuity lost money last quarter, but not as much as experts thought it would—which is good news. When experts cut their price targets, it can mean they're being more realistic about the company's future, so watch how the company shrinks its losses over time.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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