Mizuho Securities Reaffirms Their Buy Rating on Nektar Therapeutics (NKTR)


Mizuho Securities analyst Difei Yang maintained a Buy rating on Nektar Therapeutics (NKTR) today and set a price target of $35.00. The company’s shares closed last Friday at $23.04.

According to TipRanks.com, Yang is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -5.5% and a 36.1% success rate. Yang covers the Healthcare sector, focusing on stocks such as Xeris Pharmaceuticals, Sarepta Therapeutics, and Revance Therapeutics.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nektar Therapeutics with a $26.73 average price target.

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The company has a one-year high of $36.85 and a one-year low of $13.63. Currently, Nektar Therapeutics has an average volume of 1.46M.

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Nektar Therapeutics is a biopharmaceutical company, which engages in applying technology platforms to develop novel drug candidates. The company focuses on the therapies for cancer, autoimmune disease, and chronic pain. It operates through the United States and Europe geographical segments. The company was founded in 1990 and is headquartered in San Francisco, CA.

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