H.C. Wainwright Thinks Can-Fite BioPharma’s Stock is Going to Recover


H.C. Wainwright analyst Jason Kolbert maintained a Buy rating on Can-Fite BioPharma (NYSE: CANF) today and set a price target of $8. The company’s shares closed yesterday at $1.23, close to its 52-week low of $1.18.

According to TipRanks.com, Kolbert ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -2.1% and a 37.6% success rate. Kolbert covers the Healthcare sector, focusing on stocks such as Anavex Life Sciences, Cytori Therap, and Mesoblast Ltd.

Can-Fite BioPharma has an analyst consensus of Moderate Buy, with a price target consensus of $8.

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The company has a one-year high of $2.75 and a one-year low of $1.18. Currently, Can-Fite BioPharma has an average volume of 188.6K.

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Can-Fite BioPharma Ltd. operates as a clinical-stage biopharmaceutical company, which focuses on developing orally bioavailable small molecule therapeutic products for the treatment of autoimmune-inflammatory, oncological and ophthalmic diseases. Its products include pipeline drugs such as CF101, CF102 and CF602.

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