In a report released today, Salim Syed from Mizuho Securities maintained a Buy rating on Nkarta (NKTX), with a price target of $81.00. The company’s shares closed last Tuesday at $25.14, close to its 52-week low of $22.46.
According to TipRanks.com, Syed has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -6.7% and a 45.1% success rate. Syed covers the Healthcare sector, focusing on stocks such as Atara Biotherapeutics, Assembly Biosciences, and Coherus Biosciences.
Currently, the analyst consensus on Nkarta is a Strong Buy with an average price target of $76.33.
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The company has a one-year high of $76.50 and a one-year low of $22.46. Currently, Nkarta has an average volume of 245K.
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Nkarta Inc is a bio-pharmaceutical company focused on the discovery, development and commercialization of engineered, allogeneic, and off-the-shelf cell therapies to treat cancer.