Berenberg Bank Sticks to Its Buy Rating for Black Diamond Therapeutics (BDTX)


In a report released today, Zhiqiang Shu from Berenberg Bank maintained a Buy rating on Black Diamond Therapeutics (BDTX), with a price target of $58.00. The company’s shares closed last Friday at $25.59.

According to TipRanks.com, Shu is a 3-star analyst with an average return of 8.1% and a 34.2% success rate. Shu covers the Healthcare sector, focusing on stocks such as Sensei Biotherapeutics, Repare Therapeutics, and Kymera Therapeutics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Black Diamond Therapeutics with a $50.60 average price target.

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The company has a one-year high of $46.25 and a one-year low of $21.04. Currently, Black Diamond Therapeutics has an average volume of 326.8K.

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Black Diamond Therapeutics, Inc. engages in the biotechnology company that discovers and develops therapeutic agents to target unique oncogenic protein-isoforms. The company was founded by Dr. David M. Epstein and Dr. Elizabeth Buck in 2014 and is headquartered in Cambridge, MA.

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