Mizuho Securities analyst Mara Goldstein maintained a Hold rating on Nektar Therapeutics (NKTR – Research Report) yesterday and set a price target of $6.00. The company’s shares closed yesterday at $0.77.
According to TipRanks, Goldstein is an analyst with an average return of -3.5% and a 33.80% success rate. Goldstein covers the Healthcare sector, focusing on stocks such as Merck & Company, Incyte, and Nektar Therapeutics.
Nektar Therapeutics has an analyst consensus of Moderate Sell, with a price target consensus of $2.83, representing a 268.15% upside. In a report released on April 27, SVB Securities also maintained a Hold rating on the stock with a $1.50 price target.
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The company has a one-year high of $5.18 and a one-year low of $0.60. Currently, Nektar Therapeutics has an average volume of 5.18M.
Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NKTR in relation to earlier this year.
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Nektar Therapeutics is a biopharmaceutical company, which engages in applying technology platforms to develop novel drug candidates. The company focuses on the therapies for cancer, autoimmune disease, and chronic pain. It operates through the United States and Europe geographical segments. The company was founded in 1990 and is headquartered in San Francisco, CA.
Read More on NKTR:
- Nektar Therapeutics Reports First Quarter 2023 Financial Results
- NKTR Earnings this Week: How Will it Perform?
- Nektar to regain full rights to Rezpegaldesleukin from Eli Lilly
- Nektar Chief Medical Officer Brian Kotzin, CFO Jillian Thomsen to step down
- Nektar announces strategic repriotization, to reduce San Francisco staff by 60%
