In the last three months, 6 analysts have published ratings on Avidity Biosciences (NASDAQ:RNA), offering a diverse range of perspectives from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
Bullish
Somewhat Bullish
Indifferent
Somewhat Bearish
Bearish
Total Ratings
5
1
0
0
0
Last 30D
1
0
0
0
0
1M Ago
0
0
0
0
0
2M Ago
4
0
0
0
0
3M Ago
0
1
0
0
0
In the assessment of 12-month price targets, analysts unveil insights for Avidity Biosciences, presenting an average target of $39.67, a high estimate of $60.00, and a low estimate of $33.00. This current average has increased by 15.55% from the previous average price target of $34.33.
Breaking Down Analyst Ratings: A Detailed Examination
The standing of Avidity Biosciences among financial experts is revealed through an in-depth exploration 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
Joseph Stringer
Needham
Maintains
Buy
$35.00
$35.00
Joseph Stringer
Needham
Maintains
Buy
$35.00
$35.00
Keay Nakae
Chardan Capital
Maintains
Buy
$33.00
$33.00
Geoff Meacham
B of A Securities
Announces
Buy
$40.00
-
Joseph Stringer
Needham
Maintains
Buy
$35.00
-
Eric Schmidt
Cantor Fitzgerald
Announces
Overweight
$60.00
-
Key Insights:
Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it ...Full story available on Benzinga.com
Benzinga