Cowen & Co. Thinks Agios Pharma’s Stock is Going to Recover


In a report released today, Chris Shibutani from Cowen & Co. maintained a Buy rating on Agios Pharma (AGIO). The company’s shares closed yesterday at $47.81, close to its 52-week low of $41.63.

According to TipRanks.com, Shibutani is a 3-star analyst with an average return of 2.1% and a 41.9% success rate. Shibutani covers the Healthcare sector, focusing on stocks such as Syndax Pharmaceuticals Inc, Five Prime Therapeutics, and Pieris Pharmaceuticals.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Agios Pharma with a $76.67 average price target.

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The company has a one-year high of $99.82 and a one-year low of $41.63. Currently, Agios Pharma has an average volume of 500.8K.

Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is negative on the stock.

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Agios Pharmaceuticals, Inc. is a biopharmaceutical company, which engages in the discovery and development of novel investigational medicines to treat cancer and rare genetic diseases. It focuses on diseases that are directly caused by changes in genes or chromosomes, often passed from one generation to the next.

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