H.C. Wainwright Keeps a Buy Rating on Atara Biotherapeutics (ATRA)


In a report released today, Robert Burns from H.C. Wainwright reiterated a Buy rating on Atara Biotherapeutics (ATRA), with a price target of $26.00. The company’s shares closed last Wednesday at $12.71.

According to TipRanks.com, Burns is a 5-star analyst with an average return of 23.3% and a 65.3% success rate. Burns covers the Healthcare sector, focusing on stocks such as Turning Point Therapeutics, Black Diamond Therapeutics, and Springworks Therapeutics.

Currently, the analyst consensus on Atara Biotherapeutics is a Strong Buy with an average price target of $36.25, which is a 186.3% upside from current levels. In a report released today, Canaccord Genuity also maintained a Buy rating on the stock with a $70.00 price target.

See today’s analyst top recommended stocks >>

Based on Atara Biotherapeutics’ latest earnings release for the quarter ending March 31, the company reported a quarterly GAAP net loss of $73.51 million. In comparison, last year the company had a GAAP net loss of $66.26 million.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts