Atreca (BCEL) Gets a Buy Rating from Canaccord Genuity


In a report released today, John Newman from Canaccord Genuity maintained a Buy rating on Atreca (BCEL), with a price target of $33.00. The company’s shares closed last Monday at $14.07.

According to TipRanks.com, Newman is a 5-star analyst with an average return of 23.5% and a 43.8% success rate. Newman covers the Healthcare sector, focusing on stocks such as Global Blood Therapeutics, Hutchison China MediTech, and Atara Biotherapeutics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Atreca with a $28.67 average price target.

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The company has a one-year high of $29.35 and a one-year low of $9.51. Currently, Atreca has an average volume of 221.4K.

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Atreca, Inc. is a biopharmaceutical company. It develops novel therapeutics and immunotherapies based on a deep understanding of the human immune response. Its technology leverages next-generation sequencing to identify the set of functional antibodies produced in patients during an immune response. The company was founded by Robert Axtell, Guy Cavet, Jeremy Sokolove, Tito A. Serafini, Paulette A. Dillon, Daniel Emerling, Wayne Volkmuth, Jonathan Woo, Yann Chong Tan, William H. Robinson and Lawrence J. Steinman in June 11, 2010 and is headquartered in Redwood, CA.

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