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Lake Street Sticks to Its Buy Rating for Achieve Life Sciences (ACHV)

Tipranks - Thu May 14, 8:28AM CDT

Lake Street analyst Mark Smith maintained a Buy rating on Achieve Life Sciences today and set a price target of $11.00.

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According to TipRanks, Smith is a 4-star analyst with an average return of 6.7% and a 44.29% success rate. Smith covers the Consumer Cyclical sector, focusing on stocks such as Clarus, Lakeland Industries, and Red Robin Gourmet.

Currently, the analyst consensus on Achieve Life Sciences is a Strong Buy with an average price target of $13.20.

Based on Achieve Life Sciences’ latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of $14.66 million. In comparison, last year the company had a GAAP net loss of $12.36 million

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