Cerebras Systems Shares Experience Further Decline, Extending Losses

Stock News

06/25

Shares of Cerebras Systems (CBRS.US) traded lower on Thursday, marking a second consecutive day of declines for the stock.

At the time of writing, the stock was down nearly 8%, trading at $167.86.

On the news front, UBS has raised its price target for Cerebras Systems from $300 to $320 while maintaining a "buy" rating on the shares.

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