Applied DNA Sciences Inc (OTCMKTS:APDN) had its price target dropped by investment analysts at Maxim Group from $8.00 to $6.00 in a report released on Monday. The firm currently has a “buy” rating on the stock. Maxim Group’s target price would indicate a potential upside of 135.29% from the stock’s previous close.

Shares of Applied DNA Sciences (OTCMKTS:APDN) opened at 2.55 on Monday. Applied DNA Sciences has a one year low of $2.15 and a one year high of $4.64. The firm’s market capitalization is $61.40 million. The company has a 50-day moving average price of $2.82 and a 200 day moving average price of $3.03.

Applied DNA Sciences Company Profile

Applied DNA Sciences, Inc provides plant-based deoxyribonucleic acid (DNA) security, and authentication solutions and services that help protect products, brands, supply chains and intellectual property of companies, governments and consumers from theft, counterfeiting, fraud and diversion. The Company is also engaged in the production of specific DNA sequences using the polymerase chain reaction (PCR).

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