Mizuho Securities analyst Salim Syed maintained a Buy rating on Atara Biotherapeutics (ATRA) today and set a price target of $62. The company’s shares closed yesterday at $34.28.
According to TipRanks.com, Syed is a 1-star analyst with an average return of -2.5% and a 40.0% success rate. Syed covers the Healthcare sector, focusing on stocks such as Unity Biotechnology Inc, Wave Life Sciences, and Gilead Sciences.
Currently, the analyst consensus on Atara Biotherapeutics is a Strong Buy with an average price target of $66.
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The company has a one-year high of $54.45 and a one-year low of $27.85. Currently, Atara Biotherapeutics has an average volume of 502.5K.
Based on the recent corporate insider activity of 84 insiders, corporate insider sentiment is negative on the stock. Most recently, in March 2019, Joel Marcus, a Director at ATRA sold 62,590 shares for a total of $2,257,621.
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Atara Biotherapeutics, Inc. operates as a clinical stage company which focuses on developing novel therapeutics for serious unmet medical needs, with an initial focus on muscle wasting conditions and oncology. Its product candidates are biologics targeting myostatin and activin, members of the transforming growth factor-beta, protein superfamily, which play roles in the growth and maintenance of muscle and many other body tissues. The company was founded by Isaac E. Ciechanover on August 22, 2012 and is headquartered in South San Francisco, CA.