TD Cowen raised the firm’s price target on Alpha Teknova (TKNO) to $8 from $6 and keeps a Buy rating on the shares. The firm said its cash outflow guide improved which should drive confidence in path to profitability as company reiterated Adj. Breakeven target.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TKNO: