Opko Health (OPK) Has a New Rating from Ladenburg Thalmann & Co.
Opko Health received a Buy rating and a $5.20 price target from Ladenburg Thalmann & Co. analyst Kevin DeGeeter on July 8. The company’s shares opened today at $1.37.
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DeGeeter covers the Healthcare sector, focusing on stocks such as Opko Health, Cardiff Oncology, and NovoCure. According to TipRanks, DeGeeter has an average return of 20.3% and a 38.68% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Opko Health with a $2.44 average price target.
Based on Opko Health’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $149.95 million and a GAAP net loss of $67.61 million. In comparison, last year the company earned a revenue of $173.69 million and had a GAAP net loss of $81.84 million
