Cowen & Co. analyst Boris Peaker maintained a Buy rating on Heron Therapeutics (NASDAQ: HRTX) today and set a price target of $48. The company’s shares opened today at $31.70, close to its 52-week high of $32.70.
According to TipRanks.com, Peaker is a 5-star analyst with an average return of 18.2% and a 52.3% success rate. Peaker covers the Healthcare sector, focusing on stocks such as Corvus Pharmaceuticals Inc, Stemline Therapeutics Inc, and Mersana Therapeutics Inc.
Heron Therapeutics has an analyst consensus of Strong Buy, with a price target consensus of $41.90.
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The company has a one-year high of $32.70 and a one-year low of $12.70. Currently, Heron Therapeutics has an average volume of 1.28M.
Based on the recent corporate insider activity of 7 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of HRTX in relation to earlier this year.
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Heron Therapeutics, Inc. is a biotechnology company, which develops pharmaceutical products for patients suffering from cancer or pain. The company develops products by using its proprietary Biochronomer polymer based drug delivery technology. Its primary products are SUSTOL, HTX-019 and HTX-011.
