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After-Hours Stock Movers 09/16: (ABCL) (FANG) Higher; (GRTS) (X) Lower (more...)

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Pay More Attention to AbCellera Biologics (ABCL) on String of Positive News, BMO Says; Analyst Sees ~150% Upside

September 20, 2021 7:10 AM EDT

BMO Capital analyst Gary Nachman was out pounding the table on AbCellera Biologics (NASDAQ: ABCL) following the recent string of positive developments, which he says warrants greater attention. The analyst reiterated an Outperform rating and $50 price target, suggesting 146% upside.

Nachman highlighted the following positive developments:

On 9/3, FDA announced it was... More