Raymond James Maintains Outperform Rating for Ginkgo Bioworks Holdings: Here's What You Need To Know

Raymond James has decided to maintain its Outperform rating of Ginkgo Bioworks Holdings DNA and raise its price target from $11.50 to $14.50.

Shares of Ginkgo Bioworks Holdings are trading up 7.31% over the last 24 hours, at $3.75 per share.

A move to $14.50 would account for a 287.18% increase from the current share price.

About Ginkgo Bioworks Holdings

Ginkgo Bioworks Holdings Inc is building a platform to enable customers to program cells as easily to program computers. The company's platform is market agnostic and enables biotechnology applications across diverse markets, from food and agriculture to industrial chemicals to pharmaceuticals.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.