Cowen & Co. Believes Amicus (FOLD) Won’t Stop Here

In a report issued on October 12, Ritu Baral from Cowen & Co. maintained a Buy rating on Amicus (FOLD), with a price target of $31.00. The company’s shares closed last Friday at $17.17, close to its 52-week high of $17.67.

According to, Baral is a 5-star analyst with an average return of 13.1% and a 48.6% success rate. Baral covers the Healthcare sector, focusing on stocks such as Global Blood Therapeutics, Milestone Pharmaceuticals, and ACADIA Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Amicus with a $23.67 average price target.

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The company has a one-year high of $17.67 and a one-year low of $6.25. Currently, Amicus has an average volume of 2.03M.

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Amicus Therapeutics, Inc. engages in the discovery, development, and commercialization of novel treatments for patients living with rare and orphan diseases. Its product include migalastat HCl, which is a small molecule that can be used as a monotherapy and in combination with enzyme replacement therapy for fabry disease. The company was founded on February 4, 2002 and is headquartered in Cranbury, NJ.

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