Celcuity Analysts Slash Their Forecasts After Q2 Loss - Celcuity (NASDAQ:CELC)

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Celcuity Inc (NASDAQ: CELC ) reported a narrower-than-expected loss for the second quarter on Thursday .

The company posted quarterly losses of $1.07 per share which beat the analyst consensus estimate of losses of $1.17 per share. This represents a 15.05% decline over losses of 93 cents per share from the same period last year.

Celcuity shares rose 0.7% to $87.17 in pre-market trading.

These analysts made changes to their price targets on Celcuity following earnings announcement.

Needham analyst Gil Blum maintained the stock with a Buy and lowered the price target from $157 to $140. Stifel analyst Stephen Willey maintained the stock with a Buy and cut the price target from $175 to $150.

Considering buying CELC stock? Here’s what analysts think:

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