Guggenheim Sticks to Their Buy Rating for Adicet Bio (ACET)
Guggenheim analyst Yatin Suneja maintained a Buy rating on Adicet Bio today and set a price target of $8.00. The company’s shares closed today at $0.85.
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According to TipRanks, Suneja is a 5-star analyst with an average return of 15.9% and a 54.52% success rate. Suneja covers the Healthcare sector, focusing on stocks such as Larimar Therapeutics, Dianthus Therapeutics, and MoonLake Immunotherapeutics.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Adicet Bio with a $5.80 average price target, implying a 579.87% upside from current levels. In a report released on October 1, JonesTrading also maintained a Buy rating on the stock with a $4.00 price target.
ACET market cap is currently $83.25M and has a P/E ratio of -0.77.
Read More on ACET:
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