| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 09/09/2022 | 72.41% | Morgan Stanley | $5 → $4 | Maintains | Equal-Weight |
| 08/24/2022 | 115.52% | Morgan Stanley | $6 → $5 | Maintains | Equal-Weight |
| 08/15/2022 | 115.52% | Chardan Capital | $12 → $5 | Maintains | Buy |
| 11/02/2021 | 1688.79% | JMP Securities | $44 → $41.5 | Maintains | Market Outperform |
| 11/01/2021 | 417.24% | Chardan Capital | → $12 | Upgrades | Neutral → Buy |
| 06/23/2021 | 1537.93% | JMP Securities | $36 → $38 | Maintains | Market Outperform |
| 06/23/2021 | 1106.9% | Cantor Fitzgerald | → $28 | Initiates Coverage On | → Overweight |
| 05/03/2021 | 460.34% | Morgan Stanley | $14 → $13 | Maintains | Equal-Weight |
| 04/12/2021 | 675.86% | Jefferies | $11 → $18 | Upgrades | Hold → Buy |
| 01/19/2021 | 503.45% | Morgan Stanley | $6 → $14 | Maintains | Equal-Weight |
| 12/23/2020 | 1063.79% | JMP Securities | → $27 | Initiates Coverage On | → Outperform |
| 11/11/2020 | 158.62% | Morgan Stanley | $8 → $6 | Maintains | Equal-Weight |
| 05/21/2020 | 244.83% | Morgan Stanley | → $8 | Downgrades | Overweight → Equal-Weight |
| 05/12/2020 | 805.17% | BMO Capital | $24 → $21 | Maintains | Outperform |
| 05/12/2020 | 158.62% | Jefferies | $18 → $6 | Downgrades | Buy → Hold |
| 04/30/2019 | 675.86% | Jefferies | → $18 | Initiates Coverage On | → Buy |
| 01/29/2019 | 331.03% | Chardan Capital | → $10 | Initiates Coverage On | → Neutral |
| 10/12/2018 | 1193.1% | Morgan Stanley | $29 → $30 | Maintains | Overweight |
| 10/11/2018 | 1193.1% | Morgan Stanley | $29 → $30 | Maintains | Overweight |
| 06/04/2018 | 1150% | Morgan Stanley | → $29 | Initiates Coverage On | → Overweight |
| 06/04/2018 | — | Cowen & Co. | Initiates Coverage On | → Outperform | |
| 06/04/2018 | 977.59% | JMP Securities | → $25 | Initiates Coverage On | → Outperform |
| 06/04/2018 | 1020.69% | BMO Capital | → $26 | Initiates Coverage On | → Outperform |
Evelo Biosciences Questions & Answers
The latest price target for Evelo Biosciences (NASDAQ: EVLO) was reported by Morgan Stanley on September 9, 2022. The analyst firm set a price target for $4.00 expecting EVLO to rise to within 12 months (a possible 72.41% upside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for Evelo Biosciences (NASDAQ: EVLO) was provided by Morgan Stanley, and Evelo Biosciences maintained their equal-weight rating.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Evelo Biosciences, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Evelo Biosciences was filed on September 9, 2022 so you should expect the next rating to be made available sometime around September 9, 2023.
While ratings are subjective and will change, the latest Evelo Biosciences (EVLO) rating was a maintained with a price target of $5.00 to $4.00. The current price Evelo Biosciences (EVLO) is trading at is $2.32, which is out of the analyst's predicted range.