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BTIG Reaffirms Their Buy Rating on NexImmune (NEXI)

In a report released yesterday, Kaveri Pohlman from BTIG maintained a Buy rating on NexImmune (NEXIResearch Report), with a price target of $5.00. The company’s shares closed yesterday at $1.26.

According to TipRanks, Pohlman is an analyst with an average return of -10.2% and a 27.45% success rate. Pohlman covers the Healthcare sector, focusing on stocks such as MacroGenics, Nuvation Bio, and NexImmune.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for NexImmune with a $4.50 average price target.

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NEXI market cap is currently $28.78M and has a P/E ratio of -0.50.

Based on the recent corporate insider activity of 11 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of NEXI in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

NexImmune Inc is a clinical-stage biotechnology company engaged in developing immunotherapy to employ body’s T cells to generate immune response that mimics natural biology. Its creates therapies with curative potential for patients with cancer and other life-threatening immune-mediated diseases.

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