Analysts' ratings for Macrogenics (NASDAQ:MGNX) over the last quarter vary from bullish to bearish, as provided by 14 analysts.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
Bullish
Somewhat Bullish
Indifferent
Somewhat Bearish
Bearish
Total Ratings
4
6
4
0
0
Last 30D
1
0
0
0
0
1M Ago
0
2
3
0
0
2M Ago
0
0
0
0
0
3M Ago
3
4
1
0
0
In the assessment of 12-month price targets, analysts unveil insights for Macrogenics, presenting an average target of $17.57, a high estimate of $29.00, and a low estimate of $4.00. Highlighting a 7.18% decrease, the current average has fallen from the previous average price target of $18.93.
Understanding Analyst Ratings: A Comprehensive Breakdown
The standing of Macrogenics among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst
Analyst Firm
Action Taken
Rating
Current Price Target
Prior Price Target
Kaveri Pohlman
BTIG
Lowers
Buy
$9.00
$24.00
Robert Burns
HC Wainwright & Co.
Lowers
Neutral
$4.00
$16.00
Peter Lawson
Barclays
Lowers
Overweight
$14.00
$25.00
Silvan Tuerkcan
JMP Securities
Lowers
Market Outperform
$16.00
$22.00
Etzer Darout
BMO Capital
Lowers
Market Perform
$8.00
$24.00
Stephen Willey
Stifel
Lowers
Hold
$7.00
$29.00
Yigal Nochomovitz
Citigroup
Raises
Buy
$25.00
$13.00
Silvan Tuerkcan
JMP Securities
Raises
Outperform
$22.00
$16.00
Robert Burns
HC Wainwright & Co.
Raises
Neutral
$16.00
$14.00
Etzer Darout
BMO Capital
Raises
Outperform
$24.00
$18.00
Stephen Willey
Stifel
Raises
Buy
$29.00
$17.00
Peter Lawson
Barclays
Raises
Overweight
$25.00
$23.00
Kaveri Pohlman
BTIG
Raises
Buy
$24.00
$12.00
Peter Lawson
Barclays
Raises
Overweight
$23.00
$12.00
Key Insights:
Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent ...Full story available on Benzinga.com
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