BTIG analyst Mark Massaro maintained a Buy rating on Akoya Biosciences (AKYA – Research Report) on January 5 and set a price target of $9.00. The company’s shares closed last Friday at $4.33.
According to TipRanks, Massaro is an analyst with an average return of -16.0% and a 30.80% success rate. Massaro covers the Healthcare sector, focusing on stocks such as Guardant Health, Cerus, and Exact Sciences.
Currently, the analyst consensus on Akoya Biosciences is a Strong Buy with an average price target of $9.00.
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Based on Akoya Biosciences’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $25.22 million and a GAAP net loss of $12.92 million. In comparison, last year the company earned a revenue of $18.85 million and had a GAAP net loss of $17.87 million
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Akoya Biosciences (AKYA) Company Description:
Akoya Biosciences Inc is an an innovative life sciences technology company. It is delivering spatial biology solutions focused on transforming discovery and clinical research. It offers the most comprehensive, end-to-end solutions for high-parameter tissue analysis from discovery through clinical and translational research, enabling the development of more precise therapies for immuno-oncology and other drug development applications.
Read More on AKYA:
- Akoya to Participate at 42nd Annual J.P. Morgan Healthcare Conference
- Akoya Biosciences initiated with neutral view at Guggenheim, here’s why
- Akoya Biosciences price target lowered to $9 from $14 at Stephens
- Akoya Biosciences sees FY23 revenue $95M-98M, consensus $96.74M
- Akoya Reports Record Revenue in the Third Quarter of 2023 and Reiterates Full Year 2023 Revenue Guidance
