H.C. Wainwright Sticks to Its Buy Rating for Arcturus Therapeutics (ARCT)


In a report released today, Ed Arce from H.C. Wainwright maintained a Buy rating on Arcturus Therapeutics (ARCT), with a price target of $62.00. The company’s shares closed last Thursday at $37.57.

According to TipRanks.com, Arce is a 5-star analyst with an average return of 17.2% and a 43.1% success rate. Arce covers the Healthcare sector, focusing on stocks such as Entasis Therapeutics Holdings, Madrigal Pharmaceuticals, and Aurinia Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Arcturus Therapeutics with a $33.50 average price target, a -20.2% downside from current levels. In a report issued on April 27, Roth Capital also maintained a Buy rating on the stock.

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The company has a one-year high of $45.50 and a one-year low of $5.70. Currently, Arcturus Therapeutics has an average volume of 414.2K.

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Arcturus Therapeutics Holdings, Inc. engages in the development of RNA therapeutics for treatment. It focuses on liver and respiratory diseases. Its pipeline include LUNAR-OTC, and LUNAR CF. The company was founded in 2013 and is headquartered in San Diego, CA.

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