$Galera Therapeutics (GRTX.US)$Following this news, HC Wainw...
$Galera Therapeutics(GRTX.US$Following this news, HC Wainwright raised the recommendation on Galera to Buy from Neutral and set the price target (PT) to $10.
Also, BTIG analyst Robert Hazlett upgraded the stock to Buy from Neutral; PT set to $15.
The PT of $10 and $15 implies a 270% and 456% increase from last close of $2.70, respectively.
BofA also upgraded Galera to Neutral from Underperform.
Wall Street Analysts are Bullish on GRTX with average PT of $10.
Also, BTIG analyst Robert Hazlett upgraded the stock to Buy from Neutral; PT set to $15.
The PT of $10 and $15 implies a 270% and 456% increase from last close of $2.70, respectively.
BofA also upgraded Galera to Neutral from Underperform.
Wall Street Analysts are Bullish on GRTX with average PT of $10.
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DrC 504 : So why the drop here?
diligent tigerprinceOP DrC 504: The shorts are still unloading for the end of year taxes and the news of these upgrades hasn't fully sunk in to the masses yet. However good this sounds it's all theory on my part. Factual information mixed with a dose of encouraging hypothesis.