Flexion Therapeutics (FLXN) Receives a Buy from Needham
Needham analyst Serge Belanger maintained a Buy rating on Flexion Therapeutics (FLXN) today and set a price target of $36.00. The company’s shares closed last Tuesday at $8.80.
According to TipRanks.com, Belanger is a 1-star analyst with an average return of -2.2% and a 35.4% success rate. Belanger covers the Healthcare sector, focusing on stocks such as Amphastar Pharmaceuticals, KalVista Pharmaceuticals, and Collegium Pharmaceutical.
Currently, the analyst consensus on Flexion Therapeutics is a Strong Buy with an average price target of $30.33, representing a 237.0% upside. In a report issued on April 2, Northland Securities also assigned a Buy rating to the stock with a $35.00 price target.
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The company has a one-year high of $22.98 and a one-year low of $5.02. Currently, Flexion Therapeutics has an average volume of 758.1K.
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Flexion Therapeutics, Inc. operates as a biopharmaceutical company, which engages in the development and commercialization of novel and local therapies. It specializes in the treatment of patients with musculoskeletal conditions including osteoarthritis. It offers products under the Zilretta brand. The company was founded by Michael D. Clayman and Neil Bodick in 2007 and is headquartered in Burlington, MA.