BillionToOne, Inc. (BLLN) saw its shares plummet 5.91% during intraday trading on Thursday.
The sharp decline followed a series of analyst price target cuts. According to research reports, BTIG lowered its target to $140 from $160, Jefferies cut to $92 from $117, JP Morgan reduced to $120 from $145, and Wells Fargo slashed its target to $90 from $110.
These downward revisions reflect a more cautious outlook from Wall Street analysts, likely contributing to the selling pressure observed in the stock.
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