Rockley Photonics (RKLY) Tops Q4 EPS by 21c

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Rockley Photonics Holdings Ltd (RKLY) PT Lowered to $8 at Needham & Company

March 9, 2022 7:27 AM EST

Needham & Company analyst N. Quinn Bolton lowered the price target on Rockley Photonics Holdings Ltd (NYSE: RKLY) to $8.00 (from $15.00) while maintaining a Buy rating.

The analyst commented, "RKLY's 4Q21 results beat our estimates; however, what's more important is what's to come in... More