Analysts fell to the sidelines weighing in on T2 Biosystems (TTOO – Research Report) and Axsome Therapeutics (AXSM – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
T2 Biosystems (TTOO)
T2 Biosystems received a Hold rating and a $2.50 price target from Canaccord Genuity analyst Kyle Mikson CFA today. The company’s shares closed last Thursday at $2.55, close to its 52-week low of $2.06.
According to TipRanks.com, CFA has 0 stars on 0-5 stars ranking scale with an average return of
Currently, the analyst consensus on T2 Biosystems is a Hold with an average price target of $2.50, which is a 6.4% upside from current levels. In a report issued on October 12, BTIG also reiterated a Hold rating on the stock.
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Axsome Therapeutics (AXSM)
In a report released today, Vikram Purohit from Morgan Stanley maintained a Hold rating on Axsome Therapeutics, with a price target of $74.00. The company’s shares closed last Thursday at $46.21.
According to TipRanks.com, Purohit ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Axsome Therapeutics with a $96.38 average price target.
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