In a report released today, Steven Seedhouse from Raymond James maintained a Buy rating on NexImmune (NEXI – Research Report), with a price target of $3.00. The company’s shares closed yesterday at $1.26.
According to TipRanks, Seedhouse is a 4-star analyst with an average return of 6.6% and a 45.28% success rate. Seedhouse covers the Healthcare sector, focusing on stocks such as ChemoCentryx, Intercept Pharma, and Arcturus Therapeutics.
Currently, the analyst consensus on NexImmune is a Strong Buy with an average price target of $3.50, which is a 177.78% upside from current levels. In a report released today, Barclays also maintained a Buy rating on the stock with a $2.00 price target.
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The company has a one-year high of $18.78 and a one-year low of $1.08. Currently, NexImmune has an average volume of 1.19M.
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.
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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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