Stock Track | Cellebrite Plummets 5.05% Intraday After Needham Cuts Target Price to $18 From $24

Stock Track

02/13

Cellebrite's stock price plummeted 5.05% during intraday trading on Thursday, reflecting significant selling pressure on the shares.

The sharp decline followed news that Needham had cut its price target for Cellebrite DI Ltd to $18 from $24, representing a substantial 25% downward revision that signaled reduced analyst confidence in the company's valuation prospects.

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