H.C. Wainwright analyst Joseph Pantginis reiterated a Buy rating on Beyondspring (BYSI) today and set a price target of $30.00. The company’s shares closed last Wednesday at $13.80.
According to TipRanks.com, Pantginis is a 5-star analyst with an average return of 8.2% and a 41.6% success rate. Pantginis covers the Healthcare sector, focusing on stocks such as Applied Genetic Technologies, Lineage Cell Therapeutics, and Iovance Biotherapeutics.
Beyondspring has an analyst consensus of Strong Buy, with a price target consensus of $27.50.
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Based on Beyondspring’s latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of $9.37 million. In comparison, last year the company had a GAAP net loss of $14.93 million.
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BeyondSpring, Inc. is a clinical stage company, which engages in the development of cancer therapies. It focuses on non-small cell lung cancer, neutropenia prevention, and plinabulin and nivolumab. The company was founded by Lan Huang and Lin Qing Jia in 2013 and is headquartered in New York, NY.