Jefferies Keeps Their Buy Rating on Aligos Therapeutics (ALGS)


Jefferies analyst Michael Yee maintained a Buy rating on Aligos Therapeutics (ALGS) yesterday and set a price target of $42.00. The company’s shares closed last Tuesday at $22.66.

According to TipRanks.com, Yee is a 4-star analyst with an average return of 5.7% and a 49.5% success rate. Yee covers the Healthcare sector, focusing on stocks such as Cerevel Therapeutics Holdings, Olema Pharmaceuticals, and Immunocore Holdings.

Aligos Therapeutics has an analyst consensus of Moderate Buy, with a price target consensus of $41.00, an 80.9% upside from current levels. In a report issued on March 24, Piper Sandler also maintained a Buy rating on the stock with a $40.00 price target.

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The company has a one-year high of $37.51 and a one-year low of $12.82. Currently, Aligos Therapeutics has an average volume of 67.9K.

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Aligos Therapeutics Inc is a clinical-stage biopharmaceutical company. The company is engaged in developing novel therapeutics to address unmet medical needs in viral and liver diseases, including chronic hepatitis B and coronaviruses, and therapeutics for nonalcoholic steatohepatitis (NASH).

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