Cowen & Co. Sticks to Their Buy Rating for Amicus (FOLD)

In a report released today, Ritu Baral from Cowen & Co. maintained a Buy rating on Amicus (FOLD), with a price target of $31. The company’s shares opened today at $10.96.

According to TipRanks.com, Baral is a top 100 analyst with an average return of 25.1% and a 48.5% success rate. Baral covers the Healthcare sector, focusing on stocks such as Madrigal Pharmaceuticals Inc, ACADIA Pharmaceuticals Inc, and Allena Pharmaceuticals Inc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Amicus with a $22.75 average price target.

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The company has a one-year high of $17.62 and a one-year low of $8.27. Currently, Amicus has an average volume of 3M.

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Amicus Therapeutics, Inc. engages in the discovery, developmen0t, and commercialization of novel treatments for patients living with rare and orphan diseases. Its product include migalastat HCl, which is a small molecule that can be used as a monotherapy and in combination with enzyme replacement therapy for fabry disease.