In a report released today, John Newman from Canaccord Genuity maintained a Buy rating on Atara Biotherapeutics (ATRA), with a price target of $70.00. The company’s shares closed last Wednesday at $12.71.
According to TipRanks.com, Newman is a 5-star analyst with an average return of 18.9% and a 45.1% success rate. Newman covers the Healthcare sector, focusing on stocks such as Global Blood Therapeutics, Allogene Therapeutics, and Palatin Technologies.
Atara Biotherapeutics has an analyst consensus of Strong Buy, with a price target consensus of $36.25, a 186.3% upside from current levels. In a report released today, H.C. Wainwright also reiterated a Buy rating on the stock with a $26.00 price target.
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The company has a one-year high of $19.36 and a one-year low of $4.52. Currently, Atara Biotherapeutics has an average volume of 1.57M.
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Atara Biotherapeutics, Inc. operates as a clinical stage company, which engages in the development of novel therapeutics for patients with cancer, autoimmune, and viral diseases. Its pipeline includes Tab-cel, ATA188, ATA2271/ATA3271, and ATA3219. The company was founded by Isaac E. Ciechanover on August 22, 2012 and is headquartered in South San Francisco, CA.