B of A Securities downgraded its rating of Seer (NASDAQ:SEER) to Underperform with a price target of $6.50, changing its price target from $9.00 to $6.50.

Shares of Seer are trading down 14.87% over the last 24 hours, at $4.98 per share.

A move to $6.50 would account for a 30.52% increase from the current share price.

About Seer

Seer Inc is a biotechnology company. The company commercializes transformative products for researchers to unlock deep, unbiased biological information. Its product, the Proteograph Product Suite (Proteograph), will leverage its proprietary engineered nanoparticle (NP) technology to provide unbiased, deep, rapid and large-scale access across the proteome.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.