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Wall Street Analysts Believe 89BIO (ETNB) Could Rally 121.5%: Here's is How to Trade
ETNB89bio(ETNB) Zacks Investment Research·2024-03-05 15:55

Shares of 89BIO (ETNB) have gained 40.5% over the past four weeks to close the last trading session at 13.77,buttherecouldstillbeasolidupsideleftinthestockifshorttermpricetargetsofWallStreetanalystsareanyindication.Goingbythepricetargets,themeanestimateof13.77, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of 30.50 indicates a potential upside of 121.5%.The average comprises 10 short-term price targets ranging from a low of 15toahighof15 to a high of 50, with a standard deviation of $9.07. While the lowest estimate indicates an increas ...