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Citi upgrades Alvotech (ALVO) to a Hold
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Citi upgrades Alvotech (ALVO) to a Hold

Alvotech (ALVOResearch Report) received a Hold rating and a price target from Citi analyst Andrew Baum today. The company’s shares closed yesterday at $8.85.

According to TipRanks, Baum is a 4-star analyst with an average return of 7.4% and a 63.81% success rate. Baum covers the Healthcare sector, focusing on stocks such as Roche Holding AG, Alvotech, and Eli Lilly & Co.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Alvotech with a $14.00 average price target.

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ALVO market cap is currently $2.37B and has a P/E ratio of -5.34.

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Alvotech (ALVO) Company Description:

Oaktree Acquisition Corp II is a blank check company.

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