Coverage SuspensionEffective immediately, Maxim Group is suspending coverage of bioAffinity Technologies, Inc. due to a reallocation of resources.
Financial PerformanceThe company's capital constraints remain a concern; therefore, analysts maintain a Hold rating as they believe the risk/reward is balanced.
Profitability ConcernsThe inability to operate profitably and the need to raise additional capital gives analysts pause, leading to a recommendation not to purchase shares at this time.