Cue Biopharma Announces Strategic Organizational Transition

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Cue Biopharma (CUE) PT Lowered to $4 at Jefferies

November 15, 2024 8:59 AM EST

Jefferies analyst Maury Raycroft lowered the price target on Cue Biopharma (NASDAQ: CUE) to $4.00 (from $6.00) while maintaining a Buy rating.

The analyst comments "Stock has surged ~230% following CUE's recent $12M capital raise. However, the cash overhang still remains ($32M), limiting cos ability to... More