Wedbush Thinks Aimmune Therapeutics’ Stock is Going to Recover


In a report released today, Liana Moussatos from Wedbush reiterated a Buy rating on Aimmune Therapeutics (AIMT), with a price target of $79. The company’s shares opened today at $19.85, close to its 52-week low of $19.25.

According to TipRanks.com, Moussatos ‘ ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -7.5% and a 35.2% success rate. Moussatos covers the Healthcare sector, focusing on stocks such as BioMarin Pharmaceutical Inc., Allena Pharmaceuticals Inc, and Aquestive Therapeutics Inc.

Aimmune Therapeutics has an analyst consensus of Strong Buy, with a price target consensus of $53.25, representing a 168.3% upside. In a report released today, Cantor Fitzgerald also reiterated a Buy rating on the stock with a $45 price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $36.12 and a one-year low of $19.25. Currently, Aimmune Therapeutics has an average volume of 596.2K.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Aimmune Therapeutics, Inc. is a clinical-stage biopharmaceutical company, which engages in the research and development of desensitization treatments for peanut and other food allergies. Its portfolio includes the characterized oral desensitization immunotherapy system. The company was founded on June 24, 2011 and is headquartered in Brisbane, CA.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts