Phil Nadeau analyst at Cowen & Co. reiterates coverage on Apellis Pharmaceuticals (APLS) in the healthtech stock sector with a Buy rating. TipRanks.com has Nadeau rated as a 4.7 star analyst with a 48% return on investment and a 10.8% success rate. Nadeau has set a price target of $ 70.
TipRanks.com reports that Apellis Pharmaceuticals stock currently has 14 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $76.14. The target pricing ranges from a high forecast of $123.00 down to a low forecast of $40.00. Apellis Pharmaceuticals (APLS) stock's last closing price was $50.45 which would put the average price target at 50.92% upside.
In addition, Barchart.com has a Weak sell rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on APLS's stock.
Other analysts covering APLS stock include:
- Joseph Stringer of Needham issued a Buy rating with the price target of $ 70 on 23 hours ago
- Steven Seedhouse of Raymond James issued a Buy rating with the price target of $ 123 on 23 hours ago
- Anupam Rama of J.P. Morgan issued a Buy rating with the price target of $ 79 on 3 days ago
- Chris Howerton of Jefferies issued a Hold rating with the price target of $ 40 on 1 week ago
Just a reminder, one resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals.
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