Aimmune Therapeutics (AIMT) Gets a Buy Rating from Wedbush


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 closed last Monday at $25.46.

According to TipRanks.com, Moussatos ‘ ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -12.6% and a 31.1% 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 $58.50, representing a 143.8% upside. In a report released yesterday, Roth Capital also reiterated a Buy rating on the stock with a $45 price target.

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Based on Aimmune Therapeutics’ latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $62.88 million. In comparison, last year the company had a GAAP net loss of $52.55 million.

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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.

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