Gamida Cell Ltd (fka GMDAQ)

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Gamida Cell (NASDAQ:GMDA) Price Target Cut to $5.00

Posted by Defense World Staff on Mar 29th, 2023

https://www.defenseworld.net/2023/03/29/gamida-cell-nasdaqgmda-price-target-cut-to-5-00.html

Gamida Cell (NASDAQ:GMDA – Get Rating) had its target price lowered by HC Wainwright from $22.00 to $5.00 in a research report sent to investors on Tuesday, The Fly reports.

Separately, Oppenheimer decreased their target price on shares of Gamida Cell from $10.00 to $8.00 in a research note on Monday.

A number of hedge funds have recently added to or reduced their stakes in GMDA. Bank of America Corp DE lifted its position in shares of Gamida Cell by 539.0% in the first quarter. Bank of America Corp DE now owns 15,214 shares of the company’s stock valued at $63,000 after acquiring an additional 12,833 shares in the last quarter. Cambridge Investment Research Advisors Inc. purchased a new position in shares of Gamida Cell in the 4th quarter worth about $25,000. TrinityPoint Wealth LLC purchased a new position in shares of Gamida Cell in the 4th quarter worth about $26,000. Virtu Financial LLC purchased a new position in shares of Gamida Cell in the 2nd quarter worth about $36,000. Finally, Cubist Systematic Strategies LLC purchased a new position in shares of Gamida Cell in the 2nd quarter worth about $42,000. Institutional investors and hedge funds own 56.19% of the company’s stock.