Fluidigm Corporation (FLDM) Receives Price Target

Fluidigm Corporation (FLDM) stock is expected to deviate a maximum of $1.89 from the average target price of $11.63 for the short term period. 4 Street Experts have initiated coverage on the stock with the most promising target being $14 and the most muted being $10.

Fluidigm Corporation (FLDM) : 4 analysts are covering Fluidigm Corporation (FLDM) and their average rating on the stock is 2, which is read as a Buy. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.


Fluidigm Corporation (NASDAQ:FLDM): The stock opened at $9.10 on Thursday but the bulls could not build on the opening and the stock topped out at $9.15 for the day. The stock traded down to $8.77 during the day, due to lack of any buying support eventually closed down at $8.79 with a loss of -3.51% for the day. The stock had closed at $9.11 on the previous day. The total traded volume was 163,546 shares.

Fluidigm Corporation creates, manufactures and market technologies and life science tools focused on the exploration and analysis of single cells, as well as the industrial application of genomics, based upon the Companys core microfluidics and mass cytometry technologies. The Company also offers instruments and consumables to academic institutions, clinical laboratories, pharmaceutical, biotechnology and agricultural biotechnology (Ag-Bio) companies. The Company sells technologies and life-science tools, including analytical and preparatory systems for genomic and proteomic analysis, and consumables, including Integrated Fluidic Circuits (IFCs), assays, and reagents. The Companys products include C1 Single-Cell Auto Prep System; Access Array System; Biomark HD System; EP1 System; CyTOF 2 System; IFCs include C1 IFCs; Access Array IFC; Dynamic Array IFCs; Digital Array IFCs; Flex Six IFC; Access Array Target-Specific Primers, and Maxpar Reagents, among others.

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