BTIG analyst Kaveri Pohlman maintained a Buy rating on Shattuck Labs (STTK – Research Report) on December 28 and set a price target of $12.00. The company’s shares closed last Friday at $7.13.
According to TipRanks, Pohlman is an analyst with an average return of -11.6% and a 32.50% success rate. Pohlman covers the Healthcare sector, focusing on stocks such as Arcus Biosciences, Genmab, and Ambrx Biopharma.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Shattuck Labs with a $13.20 average price target, an 85.13% upside from current levels. In a report released on December 18, Citi also maintained a Buy rating on the stock with a $10.00 price target.
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The company has a one-year high of $7.77 and a one-year low of $1.33. Currently, Shattuck Labs has an average volume of 1.52M.
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Shattuck Labs (STTK) Company Description:
Shattuck Labs Inc is a clinical-stage biotechnology company pioneering the development of dual-sided fusion proteins as an entirely new class of biologic medicine. The company’s product candidate, SL-172154, has been rationally designed to simultaneously inhibit the CD47/SIRPa checkpoint interaction to restore an anti-tumor immune response and to activate the CD40 costimulatory receptor to bolster an immune response. Its product candidate, SL-279252, which is being developed in collaboration with Takeda Pharmaceuticals, or Takeda, has been rationally designed to simultaneously inhibit the PD-1/PD-L1 interaction and activate the OX40 receptor.
Read More on STTK:
- Shattuck Labs Announces $50 Million Public Offering of Common Stock and Concurrent Private Placement of Pre-Funded Warrants
- Shattuck Labs prices 4.65M shares at $6.45 in registered offering
- Largest borrow rate increases among liquid names
- Shattuck Labs Announces Positive Initial Topline Data from Ongoing Phase 1 A/B Dose Expansion Clinical Trial of SL-172154 with Azacitidine in Frontline Higher-Risk Myelodysplastic Syndromes (HR-MDS) and TP53 mutant (TP53m) Acute Myeloid Leukemia (AML) Patients
- Shattuck Labs announces data from Phase 1A/B clinical trial of SL-172154
