In a report released yesterday, Dane Leone from Raymond James reiterated a Hold rating on Denali Therapeutics (DNLI). The company’s shares closed last Thursday at $52.27, close to its 52-week high of $52.69.
According to TipRanks.com, Leone is a 5-star analyst with an average return of 14.9% and a 65.3% success rate. Leone covers the Healthcare sector, focusing on stocks such as Adverum Biotechnologies, Ayala Pharmaceuticals, and Allogene Therapeutics.
Denali Therapeutics has an analyst consensus of Strong Buy, with a price target consensus of $54.50.
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The company has a one-year high of $52.69 and a one-year low of $12.39. Currently, Denali Therapeutics has an average volume of 716.1K.
Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is neutral on the stock.
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Denali Therapeutics, Inc. is a biopharmaceutical company, which engages in the development and commercialization of a portfolio of product candidates for neurodegenerative diseases. Its product pipeline includes LRRK2, RIPK1, TREM2, and Tau. The company was founded by Ryan J. Watts, Marc Tessier-Lavigne, and Alexander Schuth on October 14, 2013 and is headquartered in San Francisco, CA.
