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Piper Sandler Sticks to Its Hold Rating for Humacyte (HUMA)
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Piper Sandler Sticks to Its Hold Rating for Humacyte (HUMA)

Piper Sandler analyst Allison Bratzel maintained a Hold rating on Humacyte (HUMAResearch Report) today and set a price target of $4.00. The company’s shares closed yesterday at $3.14.

Bratzel covers the Healthcare sector, focusing on stocks such as Codexis, Incyte, and Ionis Pharmaceuticals. According to TipRanks, Bratzel has an average return of 11.0% and a 60.00% success rate on recommended stocks.

Humacyte has an analyst consensus of Strong Buy, with a price target consensus of $8.00.

Based on Humacyte’s latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of $26 million. In comparison, last year the company earned a revenue of $31 thousand and had a GAAP net loss of $25.28 million

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Humacyte (HUMA) Company Description:

Alpha Healthcare Acquisition Corp is a blank check company.

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