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B of A Securities Downgrades Seer: Here's What You Need To Know

Benzinga Real-time News ·  Jan 4, 2023 12:01

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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Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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