Joseph Catanzaro, analyst at Piper Sandler, reiterates coverage on I-MAB (IMAB) in the Healthcare sector with a Buy rating. TipRanks.com has Catanzaro rated as a 5 star analyst with a 37.00% return on investment and a 59.00% success rate. Catanzaro has set a price target of $90.00.
TipRanks.com reports that IMAB currently has 5 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $78.75. The target pricing ranges from a high forecast of $90.00 down to a low forecast of $75.00.
IMAB’s last closing price was $74.85 which would put the average price target at 5.21% upside.
In addition, TradingView issued a rating for IMAB over the next month.
Remember, securities are volatile, so please do your own research on IMAB.
Other analysts covering IMAB include:
- Kelly Shi of Jefferies issued a buy rate with the price target of $75 on May 24th
- Andrew Fein of H C Wainwright issued a buy rate with the price target of $75 in May
- Chad Messer of Needham issued a buy rate with the price target of $75 in May
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