tiprankstipranks

NanoString price target lowered to $4 from $10 at Baird

Baird lowered the firm’s price target on NanoString to $4 from $10 and keeps an Outperform rating on the shares. The firm said the reported roughly inline results and announced an exchange for its convertible notes, kicking maturity to 3Q26, alleviating some near-term financing concerns while laying out a path to profitability in 2025.

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 NSTG:

Disclaimer & DisclosureReport an Issue