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Alvotech Analyst Ratings

Benzinga ·  Sep 21, 2023 05:08
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
09/21/2023 9.89% Barclays → $10 Initiates Coverage On → Equal-Weight
03/07/2023 31.87% Deutsche Bank $8 → $12 Maintains Hold
09/07/2022 9.89% Morgan Stanley → $10 Initiates Coverage On → Equal-Weight
09/06/2022 -45.05% Citigroup $12 → $5 Downgrades Buy → Sell
07/26/2022 31.87% Citigroup → $12 Initiates Coverage On → Buy
07/01/2022 9.89% 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 Barclays on September 21, 2023. The analyst firm set a price target for $10.00 expecting ALVO to rise to within 12 months (a possible 9.89% upside). 2 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 Barclays, and Alvotech initiated their equal-weight 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 September 21, 2023 so you should expect the next rating to be made available sometime around September 21, 2024.

Is the Analyst Rating Alvotech (ALVO) correct?

While ratings are subjective and will change, the latest Alvotech (ALVO) rating was a initiated with a price target of $0.00 to $10.00. The current price Alvotech (ALVO) is trading at is $9.10, which is within the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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