Navidea (NAVB) Receives a Buy from H.C. Wainwright


H.C. Wainwright analyst Vernon Bernardino reiterated a Buy rating on Navidea (NAVB) today and set a price target of $8.00. The company’s shares closed last Thursday at $2.24.

According to TipRanks.com, Bernardino is a 5-star analyst with an average return of 27.6% and a 36.0% success rate. Bernardino covers the Healthcare sector, focusing on stocks such as Aridis Pharmaceuticals, Citius Pharmaceuticals, and Achieve Life Sciences.

Navidea has an analyst consensus of Moderate Buy, with a price target consensus of $7.50.

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The company has a one-year high of $5.36 and a one-year low of $0.63. Currently, Navidea has an average volume of 167.1K.

Based on the recent corporate insider activity of 10 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of NAVB in relation to earlier this year.

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.

Navidea Biopharmaceuticals, Inc. engages in the development and commercialization of precision immunodiagnostic agents and immunotherapeutics. It operates through the following segments: Diagnostics, Therapeutics, and Corporate. The company was founded in 1983 and is headquartered in Dublin, OH.

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