Chardan Capital Keeps Their Buy Rating on ProQR (PRQR)
Chardan Capital analyst Keay Nakae maintained a Buy rating on ProQR today and set a price target of $4.00.
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According to TipRanks, Nakae is a 4-star analyst with an average return of 3.8% and a 39.80% success rate. Nakae covers the Healthcare sector, focusing on stocks such as Alnylam Pharma, Arrowhead Pharmaceuticals, and ProQR.
Currently, the analyst consensus on ProQR is a Strong Buy with an average price target of $6.50.
Based on ProQR’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.92 million and a GAAP net loss of $11.01 million. In comparison, last year the company earned a revenue of $3.84 million and had a GAAP net loss of $8.11 million
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