Celcuity (CELC) Given New $35.00 Price Target at Craig Hallum
Celcuity (NASDAQ:CELC) had its price target lifted by Craig Hallum from $30.00 to $35.00 in a research report released on Wednesday, The Fly reports. The brokerage currently has a buy rating on the stock.
Celcuity stock traded down $0.25 during mid-day trading on Wednesday, hitting $25.48. The company’s stock had a trading volume of 20,648 shares, compared to its average volume of 19,058. Celcuity has a one year low of $13.16 and a one year high of $31.00.
Celcuity (NASDAQ:CELC) last announced its quarterly earnings data on Tuesday, November 13th. The company reported ($0.15) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.18) by $0.03.
Hedge funds and other institutional investors have recently modified their holdings of the stock. Acadian Asset Management LLC lifted its stake in shares of Celcuity by 58.3% during the 3rd quarter. Acadian Asset Management LLC now owns 4,797 shares of the company’s stock worth $138,000 after purchasing an additional 1,766 shares during the last quarter. California Public Employees Retirement System purchased a new stake in shares of Celcuity during the 2nd quarter worth $248,000. Schwab Charles Investment Management Inc. purchased a new stake in shares of Celcuity during the 2nd quarter worth $271,000. Bank of New York Mellon Corp purchased a new stake in shares of Celcuity during the 2nd quarter worth $291,000. Finally, Carlson Capital Management purchased a new stake in Celcuity in the second quarter valued at about $295,000. Hedge funds and other institutional investors own 14.62% of the company’s stock.
Celcuity Company Profile
Celcuity Inc, a cellular analysis company, discovers cancer sub-types and commercializes diagnostic tests to enhance the response rates of cancer patients treated with targeted therapies in the United States. The company is developing CELx tests to diagnose two new sub-types of HER2-negative breast cancer.
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