In a report released today, Eliana Merle from Cantor Fitzgerald maintained a Buy rating on AnaptysBio Inc (ANAB), with a price target of $140. The company’s shares opened today at $73.57.
According to TipRanks.com, Merle is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -8.4% and a 38.5% success rate. Merle covers the Healthcare sector, focusing on stocks such as Aerpio Pharmaceuticals Inc, CymaBay Therapeutics, and Galapagos NV.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for AnaptysBio Inc with a $130 average price target.
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Based on AnaptysBio Inc’s latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of $16.99 million. In comparison, last year the company had a GAAP net loss of $15.09 million.
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AnaptysBio, Inc. is a clinical stage biotechnology company, which engages in developing antibody product candidates focused on unmet medical needs in inflammation. Its pipeline includes ANB020, ANB019, and checkpoint receptor agonist antibodies.
