| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 10/20/2023 | 8.46% | Citigroup | $5 → $10 | Upgrades | Sell → Neutral |
| 09/21/2023 | 8.46% | Barclays | → $10 | Initiates Coverage On | → Equal-Weight |
| 03/07/2023 | 30.15% | Deutsche Bank | $8 → $12 | Maintains | Hold |
| 09/07/2022 | 8.46% | Morgan Stanley | → $10 | Initiates Coverage On | → Equal-Weight |
| 09/06/2022 | -45.77% | Citigroup | $12 → $5 | Downgrades | Buy → Sell |
| 07/26/2022 | 30.15% | Citigroup | → $12 | Initiates Coverage On | → Buy |
| 07/01/2022 | 8.46% | Deutsche Bank | → $10 | Initiates Coverage On | → Hold |
What is the target price for Alvotech (ALVO)?
The latest price target for Alvotech (NASDAQ: ALVO) was reported by Citigroup on October 20, 2023. The analyst firm set a price target for $10.00 expecting ALVO to rise to within 12 months (a possible 8.46% upside). 3 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Alvotech (ALVO)?
The latest analyst rating for Alvotech (NASDAQ: ALVO) was provided by Citigroup, and Alvotech upgraded their neutral rating.
When is the next analyst rating going to be posted or updated for Alvotech (ALVO)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Alvotech, 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 Alvotech was filed on October 20, 2023 so you should expect the next rating to be made available sometime around October 20, 2024.
Is the Analyst Rating Alvotech (ALVO) correct?
While ratings are subjective and will change, the latest Alvotech (ALVO) rating was a upgraded with a price target of $5.00 to $10.00. The current price Alvotech (ALVO) is trading at is $9.22, which is within the analyst's predicted range.