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Truist Financial Remains a Buy on Adicet Bio (ACET)

Tipranks - Tipranks - Wed Aug 13, 2025

Truist Financial analyst Asthika Goonewardene reiterated a Buy rating on Adicet Bio today. The company’s shares closed yesterday at $0.60.

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According to TipRanks, Goonewardene is an analyst with an average return of -11.6% and a 33.88% success rate. Goonewardene covers the Healthcare sector, focusing on stocks such as Exelixis, BioNTech SE, and Merus.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Adicet Bio with a $5.25 average price target, a 780.28% upside from current levels. In a report released on August 8, JonesTrading also maintained a Buy rating on the stock with a $4.00 price target.

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Based on Adicet Bio’s latest earnings release for the quarter ending March 31, the company reported a quarterly GAAP net loss of $28.21 million. In comparison, last year the company had a GAAP net loss of $28.02 million

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